Fuchs Petrolub (FRA:FPE) Given a €32.00 Price Target at Credit Suisse Group
Credit Suisse Group set a €32.00 ($37.21) price target on Fuchs Petrolub (FRA:FPE) in a research note issued to investors on Thursday, Borsen Zeitung reports. The brokerage currently has a sell rating on the stock.
A number of other research firms also recently weighed in on FPE. HSBC set a $122.00 target price on Tiffany & Co. and gave the company a buy rating in a report on Friday, June 14th. Warburg Research set a €16.70 ($19.42) target price on alstria office REIT and gave the company a buy rating in a report on Monday, July 8th. Hauck & Aufhaeuser set a €34.00 ($39.53) target price on Fuchs Petrolub and gave the company a neutral rating in a report on Tuesday, July 9th. Berenberg Bank reissued a buy rating and issued a GBX 100 ($1.31) target price on shares of in a report on Monday, July 1st. Finally, Kepler Capital Markets set a €70.00 ($81.40) target price on Bayer and gave the company a neutral rating in a report on Thursday, June 27th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and four have given a buy rating to the company. The stock has an average rating of Hold and a consensus price target of €39.02 ($45.38).
FPE stock opened at €31.05 ($36.10) on Thursday. Fuchs Petrolub has a fifty-two week low of €37.40 ($43.49) and a fifty-two week high of €44.80 ($52.09). The firm has a 50-day moving average price of €31.90.
Fuchs Petrolub SE develops, produces, and sells lubricants and related specialties worldwide. It offers engine and gear oils, central hydraulic oils, greases, shock absorber fluids, biodegradable lubricants; brake fluids and radiator antifreeze products; multi-purpose/long-life, wheel bearing, food grade, and biodegradable greases; greases for plain and roller bearings, extreme temperatures, rail vehicles, machine tools, and central lubricating systems; gear boxes; and assembly pastes and greases in spray cans; slide way, heat transfer, hydraulic, refrigerator, compressor, machine, textile machine, transformer, turbine, and cylinder oils; and biodegradable and adhesive lubricants.
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