Numis Securities Ltd Reiterates “Hold” Rating for Synthomer PLC (SYNT)
Synthomer PLC (LON:SYNT)‘s stock had its “hold” rating reissued by equities research analysts at Numis Securities Ltd in a note issued to investors on Thursday. They currently have a GBX 386 ($4.78) target price on the stock. Numis Securities Ltd’s target price indicates a potential upside of 9.41% from the company’s previous close.
SYNT has been the subject of several other research reports. Credit Suisse Group AG reaffirmed an “underperform” rating and set a GBX 345 ($4.27) price target on shares of Synthomer PLC in a research report on Wednesday, August 10th. Deutsche Bank AG upped their price target on shares of Synthomer PLC from GBX 415 ($5.14) to GBX 450 ($5.57) and gave the stock a “buy” rating in a research report on Wednesday, August 10th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a GBX 285 ($3.53) price target on shares of Synthomer PLC in a research report on Wednesday, August 10th. Barclays PLC reaffirmed an “overweight” rating and set a GBX 400 ($4.95) price target on shares of Synthomer PLC in a research report on Wednesday, August 10th. Finally, Canaccord Genuity reaffirmed a “buy” rating and set a GBX 410 ($5.08) price target on shares of Synthomer PLC in a research report on Tuesday, August 9th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and five have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of GBX 374.85 ($4.64).
Synthomer PLC (LON:SYNT) opened at 356.90 on Thursday. The firm has a 50-day moving average of GBX 365.34 and a 200 day moving average of GBX 358.11. The stock’s market cap is GBX 1.21 billion. Synthomer PLC has a 12 month low of GBX 272.66 and a 12 month high of GBX 390.60.
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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