Synthomer PLC (LON:SYNT)‘s stock had its “buy” rating reiterated by equities research analysts at Deutsche Bank AG in a research note issued on Wednesday.
A number of other research analysts have also recently commented on SYNT. Investec reissued a “buy” rating and issued a GBX 415 ($5.42) target price on shares of Synthomer PLC in a research note on Thursday, June 2nd. Canaccord Genuity upped their price target on shares of Synthomer PLC from GBX 370 ($4.83) to GBX 375 ($4.89) and gave the company a “buy” rating in a research report on Tuesday, June 28th. Numis Securities Ltd reiterated a “hold” rating and set a GBX 386 ($5.04) target price on shares of Synthomer PLC in a report on Thursday, August 11th. Berenberg Bank reiterated a “hold” rating and set a GBX 345 ($4.50) target price on shares of Synthomer PLC in a report on Monday, June 20th. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating and set a GBX 285 ($3.72) target price on shares of Synthomer PLC in a report on Wednesday, August 10th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and five have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of GBX 372.55 ($4.86).
Synthomer PLC (LON:SYNT) opened at 364.00 on Wednesday. The firm’s 50-day moving average price is GBX 368.68 and its 200 day moving average price is GBX 355.26. Synthomer PLC has a one year low of GBX 272.66 and a one year high of GBX 390.60. The firm’s market capitalization is GBX 1.24 billion.
The firm also recently announced a dividend, which will be paid on Friday, November 4th. Stockholders of record on Thursday, October 6th will be issued a GBX 3.50 ($0.05) dividend. The ex-dividend date of this dividend is Thursday, October 6th. This represents a dividend yield of 0.9%.
About Synthomer PLC
Synthomer Plc is a United Kingdom-based specialty chemical company. The Company supplies lattices and specialty emulsion polymers for markets, including paper and board, constructions and coatings, health and protection, functional polymers, performance polymers, and carpet, compounds and foam. It operates in segments, including Europe and North America (ENA) and Asia and Rest of World (ARW).
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