Evonik Industries AG (FRA:EVK) Given Average Rating of “Hold” by Analysts

Evonik Industries AG (FRA:EVKGet Rating) has been given an average rating of “N/A” by the sixteen ratings firms that are currently covering the company, Marketbeat reports. The average 12-month price target among analysts that have covered the stock in the last year is €32.43 ($33.78).

A number of research firms have recently issued reports on EVK. Berenberg Bank set a €28.00 ($29.17) price target on shares of Evonik Industries in a research report on Thursday, March 10th. Warburg Research set a €34.70 ($36.15) price target on shares of Evonik Industries in a research report on Tuesday, April 26th. The Goldman Sachs Group set a €24.20 ($25.21) price objective on Evonik Industries in a research report on Tuesday, May 10th. UBS Group set a €33.00 ($34.38) price objective on Evonik Industries in a research report on Friday, May 6th. Finally, Barclays set a €34.00 ($35.42) price objective on Evonik Industries in a research report on Thursday, February 3rd.

EVK stock opened at €25.51 ($26.57) on Tuesday. The firm has a 50 day moving average of €24.99 and a 200-day moving average of €27.05. Evonik Industries has a 12-month low of €26.78 ($27.90) and a 12-month high of €32.97 ($34.34).

About Evonik Industries (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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