Fuchs Petrolub (FRA:FPE) has been assigned a €46.00 ($56.79) price target by research analysts at Commerzbank in a note issued to investors on Tuesday, March 27th. The firm presently has a “neutral” rating on the stock. Commerzbank’s price target would suggest a potential upside of 10.58% from the stock’s current price.
Other equities research analysts have also recently issued research reports about the stock. Baader Bank set a €50.00 ($61.73) target price on shares of Fuchs Petrolub and gave the company a “buy” rating in a research report on Thursday, February 22nd. UBS set a €53.50 ($66.05) price objective on shares of Fuchs Petrolub and gave the stock a “buy” rating in a research report on Monday, February 5th. Nord/LB set a €45.00 ($55.56) price objective on shares of Fuchs Petrolub and gave the stock a “neutral” rating in a research report on Friday, December 8th. Warburg Research set a €48.00 ($59.26) price objective on shares of Fuchs Petrolub and gave the stock a “neutral” rating in a research report on Thursday, December 7th. Finally, Berenberg Bank set a €44.00 ($54.32) price objective on shares of Fuchs Petrolub and gave the stock a “neutral” rating in a research report on Friday, February 23rd. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the company. Fuchs Petrolub currently has an average rating of “Hold” and an average price target of €45.18 ($55.77).
Shares of Fuchs Petrolub stock traded down €0.15 ($0.19) during trading on Tuesday, reaching €41.60 ($51.36). The company’s stock had a trading volume of 9,603 shares. Fuchs Petrolub has a 52 week low of €37.40 ($46.17) and a 52 week high of €44.80 ($55.31).
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Fuchs Petrolub SE engages in the development, production, distribution, and sale of lubricants and related specialties worldwide. Its automotive lubricants product group includes engine oils, gear oils, shock absorber oils, motorcycle lubricants, lubricants for agricultural machinery, and service fluids; industrial lubricants and specialties product group primarily comprises metal-working fluids, corrosion preventatives, hydraulic and gear oils, greases, and other specialties; and other products group consists of toll blending, chemical process management, and trade activities.
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