Synthomer (LON:SYNT) Stock Rating Reaffirmed by Deutsche Bank
Synthomer (LON:SYNT)‘s stock had its “buy” rating reiterated by Deutsche Bank in a research note issued to investors on Friday, ThisIsMoney.Co.Uk reports.
A number of other equities research analysts have also recently weighed in on the stock. JPMorgan Chase & Co. reduced their price target on shares of National Grid from GBX 1,000 ($13.07) to GBX 960 ($12.54) and set an “overweight” rating for the company in a research report on Thursday, May 23rd. Barclays reissued an “underweight” rating on shares of in a research report on Thursday, July 4th. Peel Hunt reissued a “hold” rating and issued a GBX 935 ($12.22) price target (up from GBX 920 ($12.02)) on shares of Antofagasta in a research report on Tuesday, July 9th. Credit Suisse Group set a €50.00 ($58.14) price target on shares of Fresenius SE & Co KGaA and gave the company a “neutral” rating in a research report on Monday, May 6th. Finally, Numis Securities reissued a “buy” rating and issued a GBX 340 ($4.44) price target on shares of BT Group in a research report on Monday, April 29th. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating and six have issued a buy rating to the company. Synthomer currently has a consensus rating of “Hold” and a consensus target price of GBX 484.90 ($6.34).
Shares of SYNT opened at GBX 359.60 ($4.70) on Friday. Synthomer has a 1-year low of GBX 345 ($4.51) and a 1-year high of GBX 580.50 ($7.59). The stock has a market capitalization of $1.22 billion and a PE ratio of 12.32. The company has a current ratio of 1.22, a quick ratio of 0.84 and a debt-to-equity ratio of 65.20. The company has a fifty day moving average of GBX 370.32.
Synthomer plc operates as a specialty chemicals company in Europe, North America, Asia, and internationally. The company offers pressure-sensitive adhesives, acrylic polymers, acrylic dispersions, and other adhesives; latices for foamed bedding products and footwear; and binders for carpet applications.
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