UBS Group Reiterates “€38.00” Price Target for Fuchs Petrolub (FRA:FPE)

UBS Group set a €38.00 ($44.19) target price on Fuchs Petrolub (FRA:FPE) in a research note released on Monday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

A number of other research analysts have also recently commented on the stock. DZ Bank reissued a neutral rating on shares of Fuchs Petrolub in a research report on Thursday, June 27th. Deutsche Bank set a €230.00 ($267.44) target price on shares of adidas and gave the stock a neutral rating in a research report on Tuesday, May 7th. Credit Suisse Group cut shares of to a neutral rating and boosted their target price for the stock from GBX 2,250 ($29.40) to GBX 2,360 ($30.84) in a research report on Tuesday, June 18th. Nord/LB set a €64.00 ($74.42) target price on shares of HeidelbergCement and gave the stock a neutral rating in a research report on Thursday, May 23rd. Finally, Independent Research set a €215.00 ($250.00) target price on shares of Munchener Ruckvers and gave the stock a neutral rating in a research report on Wednesday, May 8th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have assigned a buy rating to the company. The stock has a consensus rating of Hold and an average target price of €39.02 ($45.38).

Shares of FPE stock opened at €31.35 ($36.45) on Monday. Fuchs Petrolub has a fifty-two week low of €37.40 ($43.49) and a fifty-two week high of €44.80 ($52.09). The firm’s 50 day simple moving average is €32.00.

About Fuchs Petrolub

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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