Synthomer (LON:SYNT) Price Target Cut to GBX 62 by Analysts at Deutsche Bank Aktiengesellschaft

Synthomer (LON:SYNT) had its target price reduced by Deutsche Bank Aktiengesellschaft from GBX 96 to GBX 62 in a research note issued to investors on Monday morning, MarketBeat.com reports. They currently have a hold rating on the stock.

Separately, JPMorgan Chase & Co. lowered their target price on Synthomer from GBX 200 to GBX 120 and set a “neutral” rating on the stock in a research report on Friday, October 10th. Four analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of GBX 90.50.

Synthomer Stock Performance

LON:SYNT opened at GBX 53.10 on Monday. The company has a debt-to-equity ratio of 78.27, a quick ratio of 0.97 and a current ratio of 1.90. Synthomer has a fifty-two week low of GBX 45.40 and a fifty-two week high of GBX 157.60. The company has a 50 day simple moving average of GBX 59.81 and a two-hundred day simple moving average of GBX 63.04. The company has a market capitalization of £86.80 million, a PE ratio of -1.04, a P/E/G ratio of -0.17 and a beta of 1.79.

Insider Transactions at Synthomer

In other news, insider Michael Willome purchased 63,000 shares of Synthomer stock in a transaction that occurred on Tuesday, November 11th. The shares were bought at an average cost of GBX 49 per share, with a total value of £30,870. 5.03% of the stock is currently owned by insiders.

Synthomer Company Profile

Synthomer plc is a leading supplier of high-performance, highly specialised polymers and ingredients that play vital roles in key sectors such as coatings, construction, adhesives, and health and protection – growing markets for customers who serve billions of end users worldwide.

Headquartered in London, UK and listed on the LSE since 1971, we employ c.3,900 employees across our five innovation centres of excellence and 29 manufacturing sites across Europe, North America, Middle East and Asia.