Synthomer PLC (LON:SYNT)‘s stock had its “hold” rating reaffirmed by research analysts at Peel Hunt in a report issued on Wednesday. They currently have a GBX 390 ($4.83) price objective on the stock. Peel Hunt’s price target indicates a potential upside of 10.54% from the stock’s current price.

SYNT has been the topic of several other research reports. Credit Suisse Group AG reaffirmed an “underperform” rating and issued a GBX 350 ($4.34) price target on shares of Synthomer PLC in a report on Tuesday, August 23rd. Numis Securities Ltd cut Synthomer PLC to a “hold” rating and set a GBX 400 ($4.95) price target on the stock. in a report on Wednesday, July 27th. Deutsche Bank AG reaffirmed a “buy” rating on shares of Synthomer PLC in a report on Wednesday, September 28th. Barclays PLC reaffirmed an “overweight” rating and issued a GBX 400 ($4.95) price target on shares of Synthomer PLC in a report on Wednesday, August 10th. Finally, N+1 Singer reissued a “hold” rating and set a GBX 385 ($4.77) target price on shares of Synthomer PLC in a research note on Wednesday. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the company. Synthomer PLC has a consensus rating of “Hold” and an average price target of GBX 374.85 ($4.64).

Analyst Recommendations for Synthomer PLC (LON:SYNT)

Synthomer PLC (LON:SYNT) opened at 349.70 on Wednesday. The company has a 50-day moving average price of GBX 364.97 and a 200-day moving average price of GBX 358.18. Synthomer PLC has a one year low of GBX 272.66 and a one year high of GBX 390.60. The firm’s market cap is GBX 1.19 billion.

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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