Synthomer’s (SYNT) Buy Rating Reaffirmed at HSBC

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HSBC reiterated their buy rating on shares of Synthomer (LON:SYNT) in a report released on Tuesday.

A number of other brokerages also recently commented on SYNT. Peel Hunt reaffirmed a buy rating on shares of Synthomer in a research report on Thursday, September 13th. Deutsche Bank boosted their price objective on shares of Synthomer from GBX 640 ($8.36) to GBX 645 ($8.43) and gave the company a buy rating in a research report on Tuesday, October 2nd. JPMorgan Chase & Co. reaffirmed an underweight rating on shares of Synthomer in a research report on Wednesday, November 7th. UBS Group reaffirmed a sell rating on shares of Synthomer in a research report on Tuesday, November 6th. Finally, Canaccord Genuity reaffirmed a buy rating and set a GBX 575 ($7.51) price objective on shares of Synthomer in a research report on Monday, October 29th. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating and six have issued a buy rating to the stock. Synthomer currently has an average rating of Hold and an average price target of GBX 523.33 ($6.84).

Shares of SYNT opened at GBX 380.80 ($4.98) on Tuesday. Synthomer has a 52 week low of GBX 452.51 ($5.91) and a 52 week high of GBX 517.50 ($6.76).

Synthomer Company Profile

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.

See Also: 52-Week High/Low

Analyst Recommendations for Synthomer (LON:SYNT)

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