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BNP PARIBAS announced Evonik Industries (ETR:EVK), bumping up its stock price target to 28.00EUR today

Yesterday Evonik Industries (ETR:EVK) traded 4.60% lower at 29.09EUR. The company’s 50-day average is 2.57EUR and its two hundred day moving average is 2.03EUR. The last close is up 12.34% relative to the 200-day moving average, compared to the S&P 500 Index which has decreased -0.01% over the same time period. Volume of trade was was up over the average, with 12,913 shares of EVK changing hands over the typical 6,409 shares..

In a report issued 9/18/2016 BNP PARIBAS increased the target price of Evonik Industries (ETR:EVK) from 0EUR to 28EUR reporting a possible downsideof -0.04%.

Previously on Saturday September 17 2016, Citigroup Corp. released a statement on Evonik Industries(ETR:EVK) raised the target price from 0.00EUR to 38.00EUR. At the time, this suggested an upside of 0.31%.

Recent Performance Chart:

Evonik Industries (ETR:EVK)

Evonik Industries has a one-year 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.

General Company Details For 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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