Nord/LB set a €38.00 ($44.19) price objective on Fuchs Petrolub (FRA:FPE) in a research report released on Thursday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Several other research firms have also weighed in on FPE. UBS Group set a €45.00 ($52.33) price objective on Fuchs Petrolub and gave the stock a buy rating in a research note on Monday, February 4th. Warburg Research set a €37.10 ($43.14) price objective on Fuchs Petrolub and gave the stock a neutral rating in a research note on Tuesday, March 12th. DZ Bank reissued a neutral rating on shares of Fuchs Petrolub in a research note on Thursday, March 21st. Independent Research set a €39.00 ($45.35) price objective on Fuchs Petrolub and gave the stock a neutral rating in a research note on Thursday, March 21st. Finally, Credit Suisse Group set a €33.00 ($38.37) price objective on Fuchs Petrolub and gave the stock a sell rating in a research note on Thursday, March 21st. Two analysts have rated the stock with a sell rating, nine have given a hold rating and three have assigned a buy rating to the company’s stock. The company has a consensus rating of Hold and an average target price of €40.05 ($46.57).
FPE opened at €32.50 ($37.79) on Thursday. 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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