The Analysts Set Synthomer PLC (LON:SYNT) PT at $364.80

The Analysts Set Synthomer PLC (LON:SYNT) PT at $364.80

Synthomer PLC (LON:SYNT) has been assigned a consensus rating of “Hold” from the twelve ratings firms that are currently covering the firm. One analyst has rated the stock with a sell recommendation, six have given a hold recommendation and five have issued a buy recommendation on the company. The average 1 year price objective among brokerages that have covered the stock in the last year is GBX 364.80 ($4.76).

SYNT has been the topic of a number of research reports. Credit Suisse Group AG reissued an “underperform” rating and set a GBX 350 ($4.57) target price on shares of Synthomer PLC in a research report on Tuesday, August 23rd. Barclays PLC reissued an “overweight” rating and set a GBX 390 ($5.09) target price on shares of Synthomer PLC in a research report on Monday, July 4th. Numis Securities Ltd cut shares of Synthomer PLC to a “hold” rating and set a GBX 400 ($5.22) price target on the stock. in a report on Wednesday, July 27th. Deutsche Bank AG restated a “buy” rating on shares of Synthomer PLC in a report on Wednesday, September 28th. Finally, Canaccord Genuity raised their price target on shares of Synthomer PLC from GBX 370 ($4.83) to GBX 375 ($4.89) and gave the company a “buy” rating in a report on Tuesday, June 28th.

Shares of Synthomer PLC (LON:SYNT) opened at 378.70 on Wednesday. Synthomer PLC has a one year low of GBX 272.66 and a one year high of GBX 390.60. The firm’s 50-day moving average is GBX 366.84 and its 200-day moving average is GBX 357.74. The stock’s market capitalization is GBX 1.29 billion.

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