Evonik Industries AG (EVK) Given a €30.00 Price Target by Nord/LB Analysts

Evonik Industries AG (FRA:EVK) has been given a €30.00 ($35.29) price target by stock analysts at Nord/LB in a report released on Thursday. The firm presently has a “neutral” rating on the stock.

A number of other brokerages have also recently commented on EVK. Goldman Sachs Group, Inc. (The) set a €26.00 ($30.59) target price on Evonik Industries AG and gave the stock a “sell” rating in a report on Tuesday, June 6th. Berenberg Bank set a €33.00 ($38.82) price objective on Evonik Industries AG and gave the company a “buy” rating in a report on Friday, June 30th. DZ Bank AG restated a “sell” rating on shares of Evonik Industries AG in a report on Saturday, May 20th. HSBC Holdings plc set a €33.00 ($38.82) price objective on Evonik Industries AG and gave the company a “buy” rating in a report on Wednesday, July 5th. Finally, J P Morgan Chase & Co set a €32.00 ($37.65) price objective on Evonik Industries AG and gave the company a “neutral” rating in a report on Friday, August 4th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and six have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of €31.54 ($37.10).

Shares of Evonik Industries AG (EVK) opened at 27.70 on Thursday. The stock’s 50 day moving average price is €28.38 and its 200-day moving average price is €29.79. Evonik Industries AG has a 1-year low of €25.67 and a 1-year high of €32.20. The stock has a market cap of €13.02 billion and a price-to-earnings ratio of 15.47.

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