Synthomer PLC (SYNT) To Go Ex-Dividend on October 6th
Synthomer PLC (LON:SYNT) announced a dividend on Tuesday, August 9th. Stockholders of record on Thursday, October 6th will be given a dividend of GBX 3.50 ($0.05) per share on Friday, November 4th. This represents a dividend yield of 0.9%. The ex-dividend date of this dividend is Thursday, October 6th. The official announcement can be accessed at this link.
Shares of Synthomer PLC (LON:SYNT) opened at 369.20 on Friday. The firm’s market cap is GBX 1.25 billion. The stock has a 50 day moving average of GBX 367.32 and a 200 day moving average of GBX 355.83. Synthomer PLC has a 52-week low of GBX 272.66 and a 52-week high of GBX 390.60.
Several brokerages recently weighed in on SYNT. Canaccord Genuity raised their price objective on shares of Synthomer PLC from GBX 375 ($4.89) to GBX 410 ($5.35) and gave the company a “buy” rating in a research report on Wednesday, August 3rd. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a GBX 285 ($3.72) price objective on shares of Synthomer PLC in a research report on Wednesday, August 10th. Deutsche Bank AG reaffirmed a “buy” rating on shares of Synthomer PLC in a research report on Wednesday. Credit Suisse Group AG reaffirmed an “underperform” rating and set a GBX 345 ($4.50) price objective on shares of Synthomer PLC in a research report on Wednesday, August 10th. Finally, Berenberg Bank reaffirmed a “hold” rating and set a GBX 345 ($4.50) price objective on shares of Synthomer PLC in a research report on Monday, June 20th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and five have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of GBX 372.55 ($4.86).
About Synthomer PLC
Synthomer Plc is a United Kingdom-based specialty chemical company. The Company supplies lattices and specialty emulsion polymers for markets, including paper and board, constructions and coatings, health and protection, functional polymers, performance polymers, and carpet, compounds and foam. It operates in segments, including Europe and North America (ENA) and Asia and Rest of World (ARW).
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