Synthomer (LON:SYNT) had its target price lifted by Barclays from GBX 525 ($7.25) to GBX 560 ($7.74) in a report issued on Thursday morning. The brokerage currently has an overweight rating on the stock.
Several other brokerages have also recently commented on SYNT. Peel Hunt reissued a buy rating and set a GBX 550 ($7.60) price target on shares of Synthomer in a research report on Monday, November 6th. Credit Suisse Group reissued an underperform rating and set a GBX 390 ($5.39) price target on shares of Synthomer in a research report on Tuesday, November 7th. JPMorgan Chase & Co. increased their price target on Synthomer from GBX 440 ($6.08) to GBX 475 ($6.56) and gave the company a neutral rating in a research report on Tuesday, November 7th. Berenberg Bank increased their price target on Synthomer from GBX 525 ($7.25) to GBX 570 ($7.88) and gave the company a buy rating in a research report on Tuesday, November 7th. Finally, Deutsche Bank reissued a buy rating and set a GBX 550 ($7.60) price target on shares of Synthomer in a research report on Tuesday, November 7th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the company’s stock. The stock has a consensus rating of Hold and a consensus target price of GBX 503.64 ($6.96).
Synthomer (LON:SYNT) opened at GBX 480.40 ($6.64) on Thursday. Synthomer has a 52-week low of GBX 438.40 ($6.06) and a 52-week high of GBX 516.37 ($7.13). The company has a market capitalization of $1,630.00 and a P/E ratio of 1,549.68.
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Synthomer Plc is a specialty chemical company. The Company supplies aqueous polymers in various markets, including paper, carpet and foam, construction and coating, functional polymers, health and protection, specialties and other. It operates in segments, including Europe and North America and Asia and Rest of World.
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