Evonik Industries (FRA:EVK) Given a €36.00 Price Target at JPMorgan Chase & Co.

Evonik Industries (FRA:EVKGet Rating) has been given a €36.00 ($38.71) price target by research analysts at JPMorgan Chase & Co. in a research report issued on Wednesday, Borsen Zeitung reports. JPMorgan Chase & Co.‘s target price would indicate a potential upside of 46.22% from the company’s current price.

Several other equities research analysts have also recently weighed in on the stock. UBS Group set a €33.00 ($35.48) price target on shares of Evonik Industries in a research report on Wednesday, April 6th. Deutsche Bank Aktiengesellschaft set a €38.00 ($40.86) price objective on shares of Evonik Industries in a research note on Friday, March 4th. Credit Suisse Group set a €23.00 ($24.73) price target on shares of Evonik Industries in a report on Friday, April 8th. Jefferies Financial Group set a €27.00 ($29.03) price target on shares of Evonik Industries in a report on Wednesday, March 23rd. Finally, Warburg Research set a €36.00 ($38.71) price objective on shares of Evonik Industries in a report on Wednesday, March 23rd. Three analysts have rated the stock with a sell rating, five have issued a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, Evonik Industries has an average rating of “Hold” and a consensus target price of €32.55 ($35.00).

Evonik Industries stock opened at €24.62 ($26.47) on Wednesday. Evonik Industries has a 12-month low of €26.78 ($28.80) and a 12-month high of €32.97 ($35.45). The firm has a 50-day moving average price of €25.98 and a 200-day moving average price of €27.38.

Evonik Industries Company Profile (Get Rating)

Evonik Industries AG engages in the specialty chemicals business. It operates through Specialty Additives, Nutrition & Care, Smart Materials, Performance Materials, and Technology & Infrastructure segments. The Specialty Additives segment provides polyurethane additives, organically modified silicones, isophorones, epoxy curing agents, oil additives, fumed silicas, matting agents, TAA and TAA derivatives, and acetylenic diol-based surfactants for consumer goods and specialized industrial applications.

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