Brokerages Set Synthomer PLC (SYNT) Target Price at $368.58
Shares of Synthomer PLC (LON:SYNT) have earned an average recommendation of “Hold” from the thirteen analysts that are currently covering the firm. One equities research analyst has rated the stock with a sell recommendation, seven have given a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have covered the stock in the last year is GBX 368.58 ($4.57).
A number of brokerages recently commented on SYNT. Credit Suisse Group AG reissued an “underperform” rating and issued a GBX 345 ($4.27) price target on shares of Synthomer PLC in a report on Wednesday, August 10th. Deutsche Bank AG increased their price target on Synthomer PLC from GBX 415 ($5.14) to GBX 450 ($5.57) and gave the company a “buy” rating in a report on Wednesday, August 10th. JPMorgan Chase & Co. reissued a “neutral” rating and issued a GBX 285 ($3.53) price target on shares of Synthomer PLC in a report on Wednesday, August 10th. Barclays PLC reissued 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, Numis Securities Ltd reissued a “hold” rating and issued a GBX 386 ($4.78) price target on shares of Synthomer PLC in a report on Thursday, August 11th.
Synthomer PLC (LON:SYNT) opened at 346.60 on Wednesday. The stock has a 50 day moving average price of GBX 364.48 and a 200-day moving average price of GBX 357.99. The firm’s market cap is GBX 1.18 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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