Synthomer PLC (SYNT) Given Consensus Rating of “Hold” by Analysts
Synthomer PLC (LON:SYNT) has been given a consensus recommendation of “Hold” by the eight brokerages that are presently covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the company. The average 1 year price target among brokerages that have covered the stock in the last year is GBX 600 ($7.84).
A number of research firms have weighed in on SYNT. Peel Hunt reiterated a “buy” rating on shares of Synthomer in a research note on Thursday, October 18th. Deutsche Bank increased their target price on Synthomer from GBX 640 ($8.36) to GBX 645 ($8.43) and gave the stock a “buy” rating in a research note on Tuesday, October 2nd. UBS Group reiterated a “sell” rating on shares of Synthomer in a research note on Tuesday, November 6th. JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Synthomer in a research note on Wednesday, November 7th. Finally, Canaccord Genuity reissued a “buy” rating and set a GBX 575 ($7.51) price target on shares of Synthomer in a research report on Monday, October 29th.
SYNT stock opened at GBX 377.60 ($4.93) on Friday. Synthomer has a twelve month low of GBX 452.51 ($5.91) and a twelve month high of GBX 517.50 ($6.76).
Synthomer plc operates as a specialty chemical company in Europe, North America, Asia, and internationally. It offers adhesives for use in labels, graphics, specialty tapes, caulks and sealants, wet glues, protective films, packaging, and other applications; and high solid lattices for foamed footwear and bedding products.
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