Evonik Industries AG (FRA:EVK) has been assigned a €34.30 ($40.83) price target by stock analysts at Credit Suisse Group in a report issued on Tuesday. The firm currently has a “buy” rating on the stock.

Several other equities research analysts also recently weighed in on EVK. J P Morgan Chase & Co set a €32.00 ($38.10) price target on Evonik Industries AG and gave the stock a “neutral” rating in a report on Tuesday, May 30th. Sanford C. Bernstein set a €35.00 ($41.67) price objective on Evonik Industries AG and gave the stock a “buy” rating in a research note on Friday, June 2nd. Commerzbank Ag set a €33.00 ($39.29) price objective on Evonik Industries AG and gave the stock a “buy” rating in a research note on Friday, June 2nd. Deutsche Bank AG set a €32.00 ($38.10) price objective on Evonik Industries AG and gave the stock a “neutral” rating in a research note on Friday, June 2nd. Finally, Baader Bank set a €41.00 ($48.81) price objective on Evonik Industries AG and gave the stock a “buy” rating in a research note on Friday, June 2nd. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and seven have given a buy rating to the stock. Evonik Industries AG presently has a consensus rating of “Hold” and an average target price of €31.81 ($37.87).

Shares of Evonik Industries AG (FRA EVK) opened at 30.035 on Tuesday. The stock has a market cap of €14.12 billion and a price-to-earnings ratio of 16.770. Evonik Industries AG has a 52-week low of €25.68 and a 52-week high of €32.20. The stock’s 50 day moving average is €27.97 and its 200 day moving average is €29.45.

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Analyst Recommendations for Evonik Industries AG (FRA:EVK)

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