Evonik Industries AG (FRA:EVK) has been assigned a €25.00 ($29.41) target price by research analysts at J P Morgan Chase & Co in a research report issued on Thursday. The firm presently has a “sell” rating on the stock.

A number of other brokerages also recently issued reports on EVK. Berenberg Bank set a €33.00 ($38.82) price objective on Evonik Industries AG and gave the company a “buy” rating in a research note on Friday, June 30th. Morgan Stanley set a €36.00 ($42.35) price objective on Evonik Industries AG and gave the company a “buy” rating in a research note on Tuesday, June 20th. Baader Bank set a €41.00 ($48.24) price objective on Evonik Industries AG and gave the company a “buy” rating in a research note on Friday, June 9th. Goldman Sachs Group, Inc. (The) set a €26.00 ($30.59) price objective on Evonik Industries AG and gave the company a “sell” rating in a research note on Tuesday, June 6th. Finally, Kepler Capital Markets set a €27.00 ($31.76) price objective on Evonik Industries AG and gave the company a “sell” rating in a research note on Friday, June 2nd. Three research analysts have rated the stock with a sell rating, five have issued a hold rating and six have given a buy rating to the company. Evonik Industries AG currently has an average rating of “Hold” and a consensus price target of €31.54 ($37.10).

Evonik Industries AG (FRA:EVK) opened at 27.47 on Thursday. Evonik Industries AG has a 52-week low of €25.67 and a 52-week high of €32.20. The company has a market capitalization of €12.93 billion and a price-to-earnings ratio of 16.83. The stock has a 50 day moving average of €28.67 and a 200-day moving average of €29.92.

TRADEMARK VIOLATION WARNING: “Evonik Industries AG (EVK) PT Set at €25.00 by J P Morgan Chase & Co” was reported by Daily Political and is owned by of Daily Political. If you are reading this article on another domain, it was stolen and reposted in violation of United States and international trademark & copyright laws. The correct version of this article can be read at https://www.dailypolitical.com/2017/08/09/evonik-industries-ag-evk-pt-set-at-25-00-by-j-p-morgan-chase-co.html.

Analyst Recommendations for Evonik Industries AG (FRA:EVK)

Receive News & Ratings for Evonik Industries AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Evonik Industries AG and related companies with MarketBeat.com's FREE daily email newsletter.