Evonik Industries AG (EVK) Given Consensus Recommendation of “Hold” by Brokerages
Evonik Industries AG (FRA:EVK) has earned a consensus rating of “Hold” from the fourteen analysts that are presently covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and six have assigned a buy rating to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is €31.62 ($37.64).
A number of analysts have issued reports on the stock. Goldman Sachs Group, Inc. (The) set a €26.00 ($30.95) price objective on shares of Evonik Industries AG and gave the company a “sell” rating in a report on Tuesday, June 6th. Berenberg Bank set a €33.00 ($39.29) price objective on shares of Evonik Industries AG and gave the company a “buy” rating in a report on Friday, June 30th. DZ Bank AG reissued a “sell” rating on shares of Evonik Industries AG in a report on Saturday, May 20th. Deutsche Bank AG set a €32.00 ($38.10) price objective on shares of Evonik Industries AG and gave the company a “neutral” rating in a report on Tuesday, September 12th. Finally, HSBC Holdings plc set a €33.00 ($39.29) price objective on shares of Evonik Industries AG and gave the company a “buy” rating in a report on Wednesday, July 5th.
Evonik Industries AG (FRA:EVK) traded up 0.712% during midday trading on Tuesday, hitting €29.006. 773 shares of the company traded hands. Evonik Industries AG has a 12-month low of €25.68 and a 12-month high of €32.20. The stock’s 50-day moving average price is €27.95 and its 200 day moving average price is €29.48. The company has a market capitalization of €13.63 billion and a price-to-earnings ratio of 16.195.
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About Evonik Industries AG
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