Evonik Industries (EVK) Given a €28.00 Price Target by Credit Suisse Group Analysts

Credit Suisse Group set a €28.00 ($32.56) price target on Evonik Industries (FRA:EVK) in a research report report published on Friday, April 12th, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

A number of other brokerages have also commented on EVK. JPMorgan Chase & Co. reissued a neutral rating on shares of Evonik Industries in a report on Tuesday, January 22nd. Berenberg Bank set a €30.00 ($34.88) price target on Evonik Industries and gave the company a buy rating in a report on Wednesday, December 19th. UBS Group set a €21.00 ($24.42) price target on Evonik Industries and gave the company a sell rating in a report on Tuesday, January 22nd. Nord/LB set a €29.00 ($33.72) target price on Evonik Industries and gave the stock a neutral rating in a report on Thursday, January 24th. Finally, Baader Bank set a €34.00 ($39.53) target price on Evonik Industries and gave the stock a buy rating in a report on Friday, January 18th. Three research analysts have rated the stock with a sell rating, nine have issued a hold rating and ten have assigned a buy rating to the company’s stock. The company presently has an average rating of Hold and a consensus price target of €30.59 ($35.57).

Shares of EVK traded up €0.28 ($0.33) during trading hours on Friday, reaching €26.41 ($30.71). 591,845 shares of the company’s stock traded hands. Evonik Industries has a twelve month low of €26.78 ($31.14) and a twelve month high of €32.97 ($38.34).

About Evonik Industries

Evonik Industries AG engages in the specialty chemicals business worldwide. It operates through Nutrition & Care, Resource Efficiency, Performance Materials, and Services segments. The Nutrition & Care segment offers specialty chemicals, including amphoteric surfactants, ceramides, phytosphingosines, oleochemicals, quaternary derivatives, polyurethane additives, organically modified silicones, superabsorbents, amino acids and amino acid derivatives, synthesis products, pharmaceutical polymers, and DL-methionine for use in consumer goods, and animal nutrition and healthcare products.

See Also: How a Back-End Load Mutual Fund Works

Analyst Recommendations for Evonik Industries (FRA:EVK)

Receive News & Ratings for Evonik Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Evonik Industries and related companies with MarketBeat.com's FREE daily email newsletter.