UBS AG Analysts Give Evonik Industries AG (EVK) a €31.60 Price Target
Evonik Industries AG (FRA:EVK) has been assigned a €31.60 ($37.18) price objective by equities research analysts at UBS AG in a research note issued to investors on Friday. The brokerage currently has a “neutral” rating on the stock. UBS AG’s price target would suggest a potential downside of 0.74% from the company’s current price.
Several other brokerages have also recently issued reports on EVK. Goldman Sachs Group, Inc. (The) set a €29.00 ($34.12) price objective on Evonik Industries AG and gave the stock a “neutral” rating in a research note on Wednesday, October 11th. Deutsche Bank AG set a €32.00 ($37.65) target price on Evonik Industries AG and gave the company a “neutral” rating in a research report on Tuesday, September 12th. J P Morgan Chase & Co set a €32.00 ($37.65) target price on Evonik Industries AG and gave the company a “neutral” rating in a research report on Friday, August 4th. Baader Bank set a €41.00 ($48.24) target price on Evonik Industries AG and gave the company a “buy” rating in a research report on Thursday, August 3rd. Finally, Independent Research GmbH set a €30.00 ($35.29) target price on Evonik Industries AG and gave the company a “neutral” rating in a research report on Tuesday, August 8th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and nine have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of €32.38 ($38.09).
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