DZ Bank Reiterates Buy Rating for Evonik Industries (EVK)

DZ Bank reiterated their buy rating on shares of Evonik Industries (FRA:EVK) in a report published on Monday, Borsen Zeitung reports.

Several other analysts have also commented on the company. Sanford C. Bernstein set a €30.00 ($34.88) price target on Evonik Industries and gave the company a buy rating in a research note on Tuesday, March 5th. Credit Suisse Group set a €28.00 ($32.56) price target on Evonik Industries and gave the company a neutral rating in a research note on Wednesday, March 6th. Baader Bank set a €34.00 ($39.53) price target on Evonik Industries and gave the company a buy rating in a research note on Friday, January 18th. Kepler Capital Markets set a €25.00 ($29.07) price target on Evonik Industries and gave the company a sell rating in a research note on Wednesday, March 6th. Finally, UBS Group set a €21.00 ($24.42) price target on Evonik Industries and gave the company a sell rating in a research note on Monday, February 4th. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and ten have given a buy rating to the company’s stock. The stock has an average rating of Hold and an average target price of €30.93 ($35.96).

Shares of EVK stock opened at €26.25 ($30.52) on Monday. Evonik Industries has a one year low of €26.78 ($31.14) and a one year 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.

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Analyst Recommendations for Evonik Industries (FRA:EVK)

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