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Citigroup Corp. recorded Evonik Industries (ETR:EVK), bumping its price target to 38.00EUR earlier today

Only yesterday Evonik Industries (ETR:EVK) traded 4.60% lower at 29.09EUR. Evonik Industries’s 50-day average is 2.55EUR and its 200-day moving average is 2.03EUR. With the last close up 12.06% relative to the two hundred day average, compared with the Standard & Poor’s 500 Index which has decreased -0.01% over the same time period. Trade volume was was up over the average, with 12,913 shares of EVK changing hands over the typical 6,964 shares..

Evonik Industries (ETR:EVK) had its estimated target price bumped up to 38EUR by Citigroup Corp. in an issued report announced 9/17/2016. The new target price suggests a potential upside of 0.31% from the company’s most recent stock close price.

On Friday September 16 2016, Citigroup Corp. reported on Evonik Industries(ETR:EVK) raised the target price from 0.00EUR to 38.00EUR. At the time, this indicated a possible upside of 0.31%.

See Graph Below:

Evonik Industries (ETR:EVK)

Evonik Industries has a P/E of 3 with a one-year low of 1.35EUR and a one-year high of 3.28EUR and has a total market value of 0.0 EUR.

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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