Brokerages Set Synthomer PLC (LON:SYNT) Target Price at $364.80
Shares of Synthomer PLC (LON:SYNT) have earned a consensus recommendation of “Hold” from the twelve research firms that are covering the company. One analyst has rated the stock with a sell rating, six have given a hold rating and five have issued a buy rating on the company. The average twelve-month price target among brokerages that have covered the stock in the last year is GBX 364.80 ($4.76).
SYNT has been the subject of a number of research analyst reports. Barclays PLC reiterated an “overweight” rating and issued a GBX 390 ($5.09) target price on shares of Synthomer PLC in a research report on Monday, July 4th. Deutsche Bank AG reiterated a “buy” rating on shares of Synthomer PLC in a research report on Wednesday, September 28th. Canaccord Genuity raised their price target on shares of Synthomer PLC from GBX 370 ($4.83) to GBX 375 ($4.89) and gave the company a “buy” rating in a report on Tuesday, June 28th. Numis Securities Ltd downgraded shares of Synthomer PLC to a “hold” rating and set a GBX 400 ($5.22) price target on the stock. in a report on Wednesday, July 27th. Finally, Credit Suisse Group AG restated an “underperform” rating and set a GBX 350 ($4.57) price target on shares of Synthomer PLC in a report on Tuesday, August 23rd.
Shares of Synthomer PLC (LON:SYNT) opened at 375.00 on Wednesday. The stock has a 50 day moving average of GBX 366.84 and a 200-day moving average of GBX 357.74. Synthomer PLC has a 52 week low of GBX 272.66 and a 52 week high of GBX 390.60. The firm’s market cap is GBX 1.27 billion.
The company also recently announced a dividend, which will be paid on Friday, November 4th. Investors of record on Thursday, October 6th will be paid a GBX 3.50 ($0.05) dividend. The ex-dividend date of this dividend is Thursday, October 6th. This represents a yield of 0.9%.
Synthomer PLC Company Profile
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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