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 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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