Independent Research set a €36.00 ($41.86) target price on Fuchs Petrolub (FRA:FPE) in a research note issued to investors on Wednesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Other equities analysts also recently issued reports about the company. Nord/LB set a €64.00 ($74.42) price objective on HeidelbergCement and gave the stock a neutral rating in a research report on Thursday, May 23rd. Credit Suisse Group downgraded to a neutral rating and raised their price objective for the stock from GBX 2,250 ($29.40) to GBX 2,360 ($30.84) in a research report on Tuesday, June 18th. Kepler Capital Markets set a €70.00 ($81.40) price objective on Bayer and gave the stock a neutral rating in a research report on Thursday, June 27th. Deutsche Bank set a €230.00 ($267.44) price objective on adidas and gave the stock a neutral rating in a research report on Tuesday, May 7th. Finally, Baader Bank set a €42.00 ($48.84) price objective on Deutsche Beteiligungs and gave the stock a buy rating in a research report on Monday, July 8th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and four have assigned a buy rating to the company. Fuchs Petrolub has an average rating of Hold and an average price target of €39.02 ($45.38).
Fuchs Petrolub stock opened at €31.70 ($36.86) on Wednesday. Fuchs Petrolub has a 12 month low of €37.40 ($43.49) and a 12 month high of €44.80 ($52.09). The company has a 50-day moving average price of €31.99.
About Fuchs Petrolub
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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