Commerzbank Ag Analysts Give Evonik Industries AG (EVK) a €39.00 Price Target

Commerzbank Ag set a €39.00 ($45.35) target price on Evonik Industries AG (FRA:EVK) in a research note issued to investors on Thursday morning. The firm currently has a buy rating on the stock.

Other equities analysts also recently issued research reports about the stock. Goldman Sachs Group, Inc. (The) set a €28.00 ($32.56) target price on shares of Evonik Industries AG and gave the stock a neutral rating in a research note on Friday, July 14th. Berenberg Bank set a €33.00 ($38.37) target price on shares of Evonik Industries AG and gave the stock a buy rating in a research note on Wednesday, August 16th. Deutsche Bank AG set a €32.00 ($37.21) price objective on shares of Evonik Industries AG and gave the company a neutral rating in a research note on Friday, August 4th. BNP Paribas set a €29.00 ($33.72) price objective on shares of Evonik Industries AG and gave the company a neutral rating in a research note on Monday, July 24th. Finally, Baader Bank set a €41.00 ($47.67) price objective on shares of Evonik Industries AG and gave the company a buy rating in a research note on Thursday, July 20th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and nine have issued a buy rating to the company’s stock. Evonik Industries AG currently has a consensus rating of Hold and an average target price of €33.38 ($38.81).

Evonik Industries AG (FRA EVK) opened at €31.82 ($36.99) on Thursday. Evonik Industries AG has a 12 month low of €25.67 ($29.85) and a 12 month high of €32.97 ($38.34).

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About Evonik Industries AG

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, oleochemical quaternary derivatives, organically modified silicones, superabsorbents, amino acids and amino acid derivatives, synthesis products, pharmaceutical polymers, and DL-methionine for use in consumer goods, animal nutrition, and healthcare sectors.

Analyst Recommendations for Evonik Industries AG (FRA:EVK)

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