Deutsche Bank AG Reaffirms “Buy” Rating for Synthomer PLC (SYNT)
Several other equities analysts have also recently issued reports on the company. Barclays PLC reiterated an overweight rating and issued a GBX 390 ($5.09) price objective on shares of Synthomer PLC in a research note on Monday, July 4th. Canaccord Genuity lifted their price objective on Synthomer PLC from GBX 370 ($4.83) to GBX 375 ($4.89) and gave the company a buy rating in a research note on Tuesday, June 28th. Credit Suisse Group AG reiterated an underperform rating and issued a GBX 350 ($4.57) price objective on shares of Synthomer PLC in a research note on Tuesday, August 23rd. Numis Securities Ltd cut Synthomer PLC to a hold rating and set a GBX 400 ($5.22) price objective for the company. in a research note on Wednesday, July 27th. Finally, Berenberg Bank reissued a hold rating and set a GBX 345 ($4.50) target price on shares of Synthomer PLC in a research report on Monday, June 20th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and five have assigned a buy rating to the stock. The stock presently has a consensus rating of Hold and an average price target of GBX 372.55 ($4.86).
Shares of Synthomer PLC (LON:SYNT) opened at 369.00 on Wednesday. The stock’s market cap is GBX 1.25 billion. Synthomer PLC has a 52-week low of GBX 272.66 and a 52-week high of GBX 390.60. The firm has a 50-day moving average price of GBX 367.32 and a 200 day moving average price of GBX 355.83.
The business also recently announced a dividend, which will be paid on Friday, November 4th. Stockholders of record on Thursday, October 6th will be issued a GBX 3.50 ($0.05) dividend. This represents a dividend yield of 0.9%. The ex-dividend date of this dividend is Thursday, October 6th.
Synthomer PLC Company Profile
Synthomer Plc is a United Kingdom-based specialty chemical company. The Company supplies lattices and specialty emulsion polymers for markets, including paper and board, constructions and coatings, health and protection, functional polymers, performance polymers, and carpet, compounds and foam. It operates in segments, including Europe and North America (ENA) and Asia and Rest of World (ARW).
Receive News & Ratings for Synthomer PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Synthomer PLC and related companies with MarketBeat.com's FREE daily email newsletter.