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Evonik Industries (ETR:EVK) target price bumped up to 31.00EUR, issued a ratings update today by Deutsche Bank AG

In a report issued 9/27/2016 Deutsche Bank AG upped the price target of Evonik Industries (ETR:EVK) to 31.00EUR reporting a possible upside of 0.04%.

Previously on Tuesday September 20, 2016, Bernstein Research released a statement on Evonik Industries (ETR:EVK) increased the target price from 0.00EUR to 34.00EUR. At the time, this suggested an upside of 0.15%.

Only yesterday Evonik Industries (ETR:EVK) traded 0.49% higher at 29.79EUR. The company’s 50-day moving average is 2.42EUR and its two hundred day average is 2.07EUR. With the last stock price up 0.24% from the 200-day moving average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same time. 478 shares of EVK traded, down from an average trading volume of 7,403

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Evonik Industries (ETR:EVK)

Evonik Industries has a price-earnings ratio of 2.97 with a one year low of 1.35EUR and a one year high of 3.22EUR Evonik Industries’s market capitalization is presently 0 EUR.

General Information 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, among others. It is a subsidiary of RAG Stiftung.

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