Fuchs Petrolub (FRA:FPE) Given a €44.00 Price Target by HSBC Analysts
HSBC set a €44.00 ($51.16) price target on Fuchs Petrolub (FRA:FPE) in a research report sent to investors on Friday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Other equities analysts have also recently issued research reports about the company. Warburg Research set a €36.40 ($42.33) target price on Fuchs Petrolub and gave the stock a neutral rating in a research report on Thursday, March 21st. Kepler Capital Markets set a €34.00 ($39.53) target price on Fuchs Petrolub and gave the stock a sell rating in a research report on Friday, May 3rd. Independent Research set a €38.00 ($44.19) target price on Fuchs Petrolub and gave the stock a neutral rating in a research report on Wednesday, May 8th. Berenberg Bank set a €40.00 ($46.51) target price on Fuchs Petrolub and gave the stock a neutral rating in a research report on Friday, June 7th. Finally, Credit Suisse Group set a €33.00 ($38.37) target price on Fuchs Petrolub and gave the stock a sell rating in a research report on Thursday, March 21st. Two analysts have rated the stock with a sell rating, nine have given a hold rating and three have given a buy rating to the company’s stock. The stock currently has an average rating of Hold and an average price target of €40.12 ($46.65).
FRA FPE opened at €32.00 ($37.21) on Friday. Fuchs Petrolub has a 12-month low of €37.40 ($43.49) and a 12-month high of €44.80 ($52.09).
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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