Fuchs Petrolub (FRA:FPE) Given a €48.00 Price Target by Baader Bank Analysts
Baader Bank set a €48.00 ($55.81) target price on Fuchs Petrolub (FRA:FPE) in a research note published on Monday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Several other analysts also recently commented on FPE. Kepler Capital Markets set a €70.00 ($81.40) price objective on Bayer and gave the stock a neutral rating in a research note on Thursday, June 27th. Credit Suisse Group lowered to a neutral rating and upped their target price for the company from GBX 2,250 ($29.40) to GBX 2,360 ($30.84) in a report on Tuesday, June 18th. DZ Bank reaffirmed a neutral rating on shares of Fuchs Petrolub in a report on Thursday, June 27th. Deutsche Bank set a €230.00 ($267.44) target price on adidas and gave the company a neutral rating in a report on Tuesday, May 7th. Finally, Warburg Research set a €47.00 ($54.65) target price on 1&1 Drillisch and gave the company a buy rating in a report on Tuesday, July 2nd. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have issued a buy rating to the stock. Fuchs Petrolub currently has a consensus rating of Hold and a consensus target price of €39.02 ($45.38).
Shares of Fuchs Petrolub stock traded down €0.30 ($0.35) on Monday, hitting €31.25 ($36.34). The company had a trading volume of 24,803 shares. Fuchs Petrolub has a 1 year low of €37.40 ($43.49) and a 1 year high of €44.80 ($52.09). The stock’s 50 day simple moving average is €32.03.
Fuchs Petrolub SE develops, produces, and sells lubricants and related specialties worldwide. It offers engine and gear oils, central hydraulic oils, greases, shock absorber fluids, biodegradable lubricants; brake fluids and radiator antifreeze products; multi-purpose/long-life, wheel bearing, food grade, and biodegradable greases; greases for plain and roller bearings, extreme temperatures, rail vehicles, machine tools, and central lubricating systems; gear boxes; and assembly pastes and greases in spray cans; slide way, heat transfer, hydraulic, refrigerator, compressor, machine, textile machine, transformer, turbine, and cylinder oils; and biodegradable and adhesive lubricants.
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