Fuchs Petrolub (FRA:FPE) Given a €48.00 Price Target at Baader Bank

Fuchs Petrolub (FRA:FPE) has been assigned a €48.00 ($55.81) target price by research analysts at Baader Bank in a note issued to investors on Thursday, April 11th, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock. Baader Bank’s target price points to a potential upside of 37.54% from the stock’s current price.

Several other research firms have also recently issued reports on FPE. UBS Group set a €45.00 ($52.33) target price on Fuchs Petrolub and gave the company a “buy” rating in a research note on Tuesday, January 22nd. Nord/LB set a €44.00 ($51.16) target price on Fuchs Petrolub and gave the company a “neutral” rating in a research note on Thursday, January 24th. HSBC set a €44.00 ($51.16) target price on Fuchs Petrolub and gave the company a “buy” rating in a research note on Thursday, January 10th. Warburg Research set a €37.10 ($43.14) target price on Fuchs Petrolub and gave the company a “neutral” rating in a research note on Tuesday, March 12th. Finally, DZ Bank reissued a “neutral” rating on shares of Fuchs Petrolub in a research note on Thursday, March 21st. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and three have given a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of €40.80 ($47.44).

Shares of FPE stock traded down €0.50 ($0.58) during trading hours on Thursday, hitting €34.90 ($40.58). 37,288 shares of the company’s stock were exchanged. Fuchs Petrolub has a 52 week low of €37.40 ($43.49) and a 52 week high of €44.80 ($52.09).

Fuchs Petrolub Company Profile

Fuchs Petrolub SE develops, produces, and sells lubricants and related specialties worldwide. It offers engine and gear oils, central hydraulic oils, greases, shock absorber fluids, biodegradable lubricants; brake fluids and radiator antifreeze products; multi-purpose/long-life, wheel bearing, food grade, and biodegradable greases; greases for plain and roller bearings, extreme temperatures, rail vehicles, machine tools, and central lubricating systems; gear boxes; and assembly pastes and greases in spray cans; slide way, heat transfer, hydraulic, refrigerator, compressor, machine, textile machine, transformer, turbine, and cylinder oils; and biodegradable and adhesive lubricants.

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Analyst Recommendations for Fuchs Petrolub (FRA:FPE)

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