UBS Group Reiterates “€39.00” Price Target for Fuchs Petrolub (FPE)
Fuchs Petrolub (FRA:FPE) has been given a €39.00 ($45.35) target price by equities research analysts at UBS Group in a report released on Thursday, Borsen Zeitung reports. The firm currently has a “neutral” rating on the stock. UBS Group’s target price indicates a potential upside of 10.48% from the company’s previous close.
Several other analysts have also commented on FPE. HSBC set a €44.00 ($51.16) price target on shares of Fuchs Petrolub and gave the company a “buy” rating in a research report on Thursday, December 13th. DZ Bank reaffirmed a “neutral” rating on shares of Fuchs Petrolub in a research report on Thursday, December 13th. Credit Suisse Group set a €31.00 ($36.05) price target on shares of Fuchs Petrolub and gave the company a “sell” rating in a research report on Friday, December 14th. Kepler Capital Markets set a €34.00 ($39.53) price target on shares of Fuchs Petrolub and gave the company a “sell” rating in a research report on Monday, December 17th. Finally, Baader Bank set a €55.00 ($63.95) price target on shares of Fuchs Petrolub and gave the company a “buy” rating in a research report on Tuesday, December 18th. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating and three 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 €40.80 ($47.44).
FPE stock opened at €35.30 ($41.05) on Thursday. Fuchs Petrolub has a one year low of €37.40 ($43.49) and a one year 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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