Synthomer PLC’s (SYNT) Underperform Rating Reiterated at Credit Suisse Group
Credit Suisse Group reissued their underperform rating on shares of Synthomer PLC (LON:SYNT) in a report released on Tuesday morning, MarketBeat reports. Credit Suisse Group currently has a GBX 390 ($5.13) target price on the stock.
A number of other research analysts have also recently issued reports on the stock. Berenberg Bank lifted their price objective on shares of Synthomer PLC from GBX 525 ($6.91) to GBX 570 ($7.50) and gave the company a buy rating in a report on Tuesday. Deutsche Bank AG reiterated a buy rating and set a GBX 550 ($7.23) price objective on shares of Synthomer PLC in a report on Tuesday. J P Morgan Chase & Co raised their price target on shares of Synthomer PLC from GBX 440 ($5.79) to GBX 475 ($6.25) and gave the company a neutral rating in a research report on Tuesday. Peel Hunt reissued a buy rating and set a GBX 550 ($7.23) price target on shares of Synthomer PLC in a research report on Monday. Finally, UBS AG began coverage on shares of Synthomer PLC in a research report on Monday, August 21st. They set a sell rating and a GBX 460 ($6.05) price target on the stock. Three analysts have rated the stock with a sell rating, three have assigned a hold rating and seven have given a buy rating to the company. The stock has an average rating of Hold and a consensus target price of GBX 482.31 ($6.34).
Synthomer PLC (LON SYNT) opened at GBX 476.60 ($6.27) on Tuesday. Synthomer PLC has a twelve month low of GBX 339.60 ($4.47) and a twelve month high of GBX 516.37 ($6.79).
About Synthomer PLC
Synthomer Plc is a specialty chemical company. The Company supplies aqueous polymers in various markets, including paper, carpet and foam, construction and coating, functional polymers, health and protection, specialties and other. It operates in segments, including Europe and North America and Asia and Rest of World.
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