Numis Securities Ltd upgraded shares of Synthomer (LON: SYNT) to a buy rating in a research note issued to investors on Tuesday. The firm currently has $4.06 (269 GBX) target price on the stock, up from their previous target price of $3.61 (239 GBX).

Separately, analysts at Goldman Sachs raised their price target on shares of Synthomer from $2.96 to $3.49 in a research note to investors on Thursday, February 28th. They now have a neutral rating on the stock.

Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company presently has an average rating of Buy and a consensus target price of $3.60 (239 GBX).

Shares of Synthomer (LON: SYNT) traded down 1.68% during mid-day trading on Tuesday, hitting GBX 222.00. Synthomer has a 52 week low of GBX 126.40 and a 52 week high of GBX 256.60. The stock’s 50-day moving average is currently GBX 0..

Sythomer PLC, formerly Yule Catto & Co plc, is a producer of speciality polymers. Its products combine chemical reaction and formulation, based on a range of chemistries.

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