Evonik Industries AG (FRA:EVK) has been given a €32.00 ($38.10) target price by investment analysts at Deutsche Bank AG in a research note issued to investors on Tuesday. The firm presently has a “neutral” rating on the stock.

Other equities analysts also recently issued research reports about the stock. Berenberg Bank set a €33.00 ($39.29) price objective on shares of Evonik Industries AG and gave the stock a “buy” rating in a research report on Friday, June 30th. Morgan Stanley set a €36.00 ($42.86) price objective on shares of Evonik Industries AG and gave the stock a “buy” rating in a research report on Tuesday, June 20th. Baader Bank set a €41.00 ($48.81) price objective on shares of Evonik Industries AG and gave the stock a “buy” rating in a research report on Friday, June 9th. Sanford C. Bernstein set a €35.00 ($41.67) price objective on shares of Evonik Industries AG and gave the stock a “buy” rating in a research report on Monday, May 22nd. Finally, Commerzbank Ag set a €33.00 ($39.29) price target on shares of Evonik Industries AG and gave the company a “buy” rating in a report on Friday, June 2nd. Two research analysts have rated the stock with a sell rating, six have given a hold rating and six have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of €31.54 ($37.55).

Shares of Evonik Industries AG (FRA EVK) opened at 28.84 on Tuesday. The firm has a market cap of €13.55 billion and a price-to-earnings ratio of 16.10. Evonik Industries AG has a 12 month low of €25.67 and a 12 month high of €32.20. The stock has a 50 day moving average of €27.93 and a 200 day moving average of €29.49.

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Analyst Recommendations for Evonik Industries AG (FRA:EVK)

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