JPMorgan Chase & Co. set a €25.00 ($29.76) target price on Evonik Industries (FRA:EVK) in a research note released on Wednesday. The brokerage currently has a sell rating on the stock.

Other research analysts have also recently issued reports about the stock. Credit Suisse Group set a €34.30 ($40.83) target price on shares of Evonik Industries and gave the company a buy rating in a report on Tuesday, September 26th. Baader Bank set a €41.00 ($48.81) target price on shares of Evonik Industries and gave the company a buy rating in a report on Thursday, September 21st. Barclays set a €34.50 ($41.07) target price on shares of Evonik Industries and gave the company a buy rating in a report on Friday, September 29th. Sanford C. Bernstein set a €35.00 ($41.67) target price on shares of Evonik Industries and gave the company a buy rating in a report on Friday, November 3rd. Finally, Commerzbank set a €33.00 ($39.29) target price on shares of Evonik Industries and gave the company a buy rating in a report on Friday, November 3rd. Three research analysts have rated the stock with a sell rating, six have assigned a hold rating and eleven have issued a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and a consensus price target of €33.87 ($40.32).

Shares of Evonik Industries (EVK) traded up €0.66 ($0.79) during trading on Wednesday, reaching €31.72 ($37.76). 857,923 shares of the company’s stock were exchanged. Evonik Industries has a 12 month low of €26.78 ($31.88) and a 12 month high of €32.97 ($39.25). The stock has a market capitalization of $14,790.00 and a PE ratio of 20.20.

TRADEMARK VIOLATION NOTICE: This article was originally reported by Watch List News and is owned by of Watch List News. If you are accessing this article on another website, it was illegally copied and republished in violation of U.S. and international copyright and trademark law. The original version of this article can be accessed at https://www.watchlistnews.com/jpmorgan-chase-25-00-price-target/1812745.html.

Evonik Industries Company Profile

Evonik Industries AG engages in the specialty chemicals business worldwide. It operates through Nutrition & Care, Resource Efficiency, Performance Materials, and Services segments. The Nutrition & Care segment offers specialty chemicals, including amphoteric surfactants, ceramides, phytosphingosines, oleochemical quaternary derivatives, organically modified silicones, superabsorbents, amino acids and amino acid derivatives, synthesis products, pharmaceutical polymers, and DL-methionine for use in consumer goods, animal nutrition, and healthcare sectors.

Analyst Recommendations for Evonik Industries (FRA:EVK)

Receive News & Ratings for Evonik Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Evonik Industries and related companies with MarketBeat.com's FREE daily email newsletter.