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A report released today by Citigroup Corp. about Evonik Industries (ETR:EVK) raises the target price to 38.00EUR

Indicating a possible upside of 0.31%, Citigroup Corp. raised the target stock price of Evonik Industries (ETR:EVK) to 38EUR.

Previously on 9/18/2016, Citigroup Corp. released a statement about Evonik Industries(ETR:EVK) bumped the target price from 0.00EUR to 38.00EUR. At the time, this indicated a possible upside of 0.31%.

Just yesterday Evonik Industries (ETR:EVK) traded 4.60% lower at 29.09EUR. Evonik Industries’s 50-day average is 2.57EUR and its two hundred day moving average is 2.03EUR. With the last stock price up 12.34% from the two hundred day moving average, compared with the S&P 500 which has fallen -0.01% over the date range. Trade volume was was up over the average, with 12,913 shares of EVK changing hands over the typical 6,409 shares..

See Graphic Below:

Evonik Industries (ETR:EVK)

Evonik Industries has a 52 week low of 1.35EUR and a one-year high of 3.67EUR with a price-earnings ratio of 3. EVK’s market cap is currently 0.0 EUR.

More About Evonik Industries (ETR:EVK)

Evonik Industries AG (Evonik) is a Germany-based company engaged in the specialty chemicals sector. The Company’s activities are divided in four segments: Nutrition & Care, produces specialty chemicals, mainly for use in consumer goods for daily needs and food, as well as in animal nutrition and healthcare products; Resource Efficiency, offers material solutions for environment-friendly and energy-efficient products used in the automotive, adhesives and construction industries, among others; Performance Materials, produces polymer materials and their intermediates, mainly for the rubber, plastics and agriculture sectors, and Services, includes site management, utilities and waste management, as well as technical, process technology, engineering and logistics services for the chemicals segments and external customers at Company’s sites, and among others. It is a subsidiary of RAG Stiftung.

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