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 Company Profile

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.

Further Reading: Can systematic risk be avoided?

Analyst Recommendations for Fuchs Petrolub (FRA:FPE)

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