Several other analysts have also issued reports on the company. Credit Suisse Group dropped their target price on Synthomer from GBX 610 ($7.94) to GBX 460 ($5.98) in a report on Friday, April 8th. HSBC downgraded Synthomer from a buy rating to a hold rating in a research report on Wednesday. Finally, Morgan Stanley raised Synthomer from an underweight rating to an equal weight rating in a report on Wednesday, February 23rd.
SYYYF stock opened at $6.24 on Friday. The stock’s 50-day moving average price is $6.24. Synthomer has a fifty-two week low of $6.24 and a fifty-two week high of $7.07.
Synthomer plc operates as a specialty chemicals company. It operates through four segments: Performance Elastomers, Functional Solutions, Industrial Specialities, and Acrylate Monomers. The company offers pressure sensitive adhesives, acrylic polymers, acrylic dispersions, saturants, release coatings, and other adhesives; water-based carboxylated styrene butadiene rubber, redispersible powder, flooring adhesive, and additives for construction applications; and impregnation binders, styrene butadiene copolymers, dispersions, polymer binders, and butadiene-based binders for textiles applications.
- Get a free copy of the StockNews.com research report on Synthomer (SYYYF)
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