Baader Bank set a €41.00 ($48.24) target price on Evonik Industries AG (FRA:EVK) in a report published on Thursday morning. The firm currently has a buy rating on the stock.

A number of other analysts have also recently commented on the company. Commerzbank Ag set a €33.00 ($38.82) price target on Evonik Industries AG and gave the stock a buy rating in a research report on Friday, June 2nd. Deutsche Bank AG set a €32.00 ($37.65) price target on Evonik Industries AG and gave the stock a neutral rating in a research report on Friday, June 2nd. Berenberg Bank set a €33.00 ($38.82) price target on Evonik Industries AG and gave the stock a buy rating in a research report on Friday, June 30th. J P Morgan Chase & Co set a €32.00 ($37.65) price target on Evonik Industries AG and gave the stock a neutral rating in a research report on Tuesday, May 30th. Finally, Goldman Sachs Group, Inc. (The) set a €28.00 ($32.94) target price on Evonik Industries AG and gave the stock a neutral rating in a research report on Friday, July 14th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and six have issued a buy rating to the company’s stock. Evonik Industries AG presently has a consensus rating of Hold and a consensus price target of €32.25 ($37.94).

Shares of Evonik Industries AG (EVK) traded down 0.587% during mid-day trading on Thursday, hitting €27.785. The stock had a trading volume of 3,733 shares. The stock’s 50-day moving average is €28.94 and its 200 day moving average is €29.97. Evonik Industries AG has a 12 month low of €25.68 and a 12 month high of €32.20. The company has a market cap of €13.08 billion and a PE ratio of 17.025.

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Analyst Recommendations for Evonik Industries AG (FRA:EVK)

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