HSBC set a €27.50 ($31.98) price target on Evonik Industries (FRA:EVK) in a research report released on Wednesday. The brokerage currently has a neutral rating on the stock.

A number of other equities analysts also recently issued reports on EVK. JPMorgan Chase & Co. set a €26.00 ($30.23) price objective on shares of Evonik Industries and gave the stock a neutral rating in a report on Tuesday, March 12th. Berenberg Bank set a €30.00 ($34.88) price target on shares of Evonik Industries and gave the company a buy rating in a report on Thursday, March 7th. UBS Group set a €23.00 ($26.74) price target on shares of Evonik Industries and gave the company a sell rating in a report on Tuesday, March 12th. Warburg Research set a €35.75 ($41.57) price target on shares of Evonik Industries and gave the company a buy rating in a report on Thursday, March 7th. Finally, Sanford C. Bernstein set a €30.00 ($34.88) price target on shares of Evonik Industries and gave the company a buy rating in a report on Tuesday, March 5th. Three analysts have rated the stock with a sell rating, eight have issued a hold rating and eleven have assigned a buy rating to the stock. Evonik Industries currently has an average rating of Hold and a consensus price target of €31.06 ($36.12).

EVK opened at €25.76 ($29.95) on Wednesday. Evonik Industries has a 12-month low of €26.78 ($31.14) and a 12-month high of €32.97 ($38.34).

About Evonik Industries

Evonik Industries AG engages in the specialty chemicals business worldwide. It operates through Nutrition & Care, Resource Efficiency, Performance Materials, and Services segments. The Nutrition & Care segment offers specialty chemicals, including amphoteric surfactants, ceramides, phytosphingosines, oleochemical quaternary derivatives, polyurethane additives, organically modified silicones, superabsorbents, amino acids and amino acid derivatives, synthesis products, pharmaceutical polymers, and DL-methionine for use in consumer goods, and animal nutrition and healthcare products.

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Analyst Recommendations for Evonik Industries (FRA:EVK)

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