Independent Research GmbH set a €33.00 ($38.37) price objective on Evonik Industries AG (FRA:EVK) in a research note issued to investors on Monday morning. The firm currently has a neutral rating on the stock.

A number of other research firms have also issued reports on EVK. Goldman Sachs Group, Inc. (The) set a €29.00 ($33.72) target price on Evonik Industries AG and gave the company a neutral rating in a research note on Monday. Barclays PLC set a €35.50 ($41.28) price objective on Evonik Industries AG and gave the company a buy rating in a research note on Monday. UBS AG set a €31.60 ($36.74) target price on Evonik Industries AG and gave the stock a neutral rating in a report on Friday. J P Morgan Chase & Co set a €25.00 ($29.07) target price on Evonik Industries AG and gave the stock a sell rating in a report on Friday. Finally, Societe Generale set a €36.00 ($41.86) target price on Evonik Industries AG and gave the stock a buy rating in a report on Friday. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and nine have assigned a buy rating to the company. The company currently has a consensus rating of Hold and a consensus price target of €33.02 ($38.40).

Evonik Industries AG (FRA EVK) traded down €0.30 ($0.35) during mid-day trading on Monday, hitting €32.20 ($37.44). The stock had a trading volume of 7,741 shares. Evonik Industries AG has a fifty-two week low of €25.67 ($29.85) and a fifty-two week high of €32.77 ($38.10).

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Analyst Recommendations for Evonik Industries AG (FRA:EVK)

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