Fuchs Petrolub (FRA:FPE) has been assigned an average rating of “Hold” from the twelve brokerages that are covering the stock, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is €45.18 ($55.09).
FPE has been the subject of several analyst reports. Nord/LB set a €46.00 ($56.10) price objective on Fuchs Petrolub and gave the company a “neutral” rating in a report on Friday, February 23rd. Independent Research set a €49.00 ($59.76) price objective on Fuchs Petrolub and gave the company a “neutral” rating in a report on Wednesday, March 21st. Commerzbank set a €46.00 ($56.10) price objective on Fuchs Petrolub and gave the company a “neutral” rating in a report on Tuesday, March 27th. UBS set a €53.50 ($65.24) price objective on Fuchs Petrolub and gave the company a “buy” rating in a report on Monday, February 5th. Finally, Berenberg Bank set a €44.00 ($53.66) target price on Fuchs Petrolub and gave the stock a “neutral” rating in a research note on Thursday, March 22nd.
Shares of FPE traded up €0.25 ($0.30) during midday trading on Thursday, hitting €41.60 ($50.73). 13,320 shares of the company’s stock traded hands. Fuchs Petrolub has a 1 year low of €37.40 ($45.61) and a 1 year high of €44.80 ($54.63).
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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