Fuchs Petrolub (FRA:FPE) has been given a €43.00 ($50.00) price objective by investment analysts at HSBC in a research note issued to investors on Friday. The firm currently has a “buy” rating on the stock. HSBC’s price objective points to a potential upside of 21.81% from the company’s previous close.
A number of other analysts have also recently weighed in on the stock. Independent Research set a €39.00 ($45.35) price objective on shares of Fuchs Petrolub and gave the stock a “neutral” rating in a report on Thursday. UBS Group set a €45.00 ($52.33) price objective on shares of Fuchs Petrolub and gave the stock a “buy” rating in a report on Thursday. Credit Suisse Group set a €33.00 ($38.37) price objective on shares of Fuchs Petrolub and gave the stock a “sell” rating in a report on Thursday. DZ Bank reissued a “neutral” rating on shares of Fuchs Petrolub in a report on Thursday. Finally, Warburg Research set a €36.40 ($42.33) price objective on shares of Fuchs Petrolub and gave the stock a “neutral” rating in a report on Thursday. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of €41.80 ($48.60).
Shares of FRA:FPE opened at €35.30 ($41.05) on Friday. Fuchs Petrolub has a fifty-two week low of €37.40 ($43.49) and a fifty-two week high of €44.80 ($52.09).
Fuchs Petrolub SE develops, produces, and sells lubricants and related specialties worldwide. It offers engine and gear oils, central hydraulic oils, greases, shock absorber fluids, biodegradable lubricants; brake fluids and radiator antifreeze products; multi-purpose/long-life, wheel bearing, food grade, and biodegradable greases; greases for plain and roller bearings, extreme temperatures, rail vehicles, machine tools, and central lubricating systems; gear boxes; and assembly pastes and greases in spray cans; slide way, heat transfer, hydraulic, refrigerator, compressor, machine, textile machine, transformer, turbine, and cylinder oils; and biodegradable and adhesive lubricants.
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