Deutsche Bank Reaffirms Buy Rating for Synthomer (SYNT)
A number of other brokerages have also recently commented on SYNT. Peel Hunt restated a buy rating on shares of Synthomer in a report on Thursday, September 13th. UBS Group reiterated a sell rating on shares of Synthomer in a research note on Tuesday. Berenberg Bank upped their price target on shares of Synthomer from GBX 570 ($7.45) to GBX 600 ($7.84) and gave the stock a buy rating in a research note on Wednesday, August 8th. Numis Securities upgraded shares of Synthomer to an add rating in a research note on Tuesday, August 7th. Finally, JPMorgan Chase & Co. reiterated a neutral rating on shares of Synthomer in a research note on Tuesday, August 7th. Two analysts have rated the stock with a sell rating, one has issued a hold rating and five have given a buy rating to the company. Synthomer presently has an average rating of Hold and a consensus price target of GBX 541.88 ($7.08).
Shares of SYNT stock traded down GBX 5.20 ($0.07) during mid-day trading on Wednesday, reaching GBX 453.40 ($5.92). 397,269 shares of the company’s stock traded hands, compared to its average volume of 523,513. Synthomer has a 12 month low of GBX 452.51 ($5.91) and a 12 month high of GBX 517.50 ($6.76).
Synthomer plc operates as a specialty chemical company in Europe, North America, Asia, and internationally. It offers adhesives for use in labels, graphics, specialty tapes, caulks and sealants, wet glues, protective films, packaging, and other applications; and high solid lattices for foamed footwear and bedding products.
Receive News & Ratings for Synthomer Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Synthomer and related companies with MarketBeat.com's FREE daily email newsletter.