Warburg Research set a €32.30 ($37.56) price objective on Fuchs Petrolub (FRA:FPE) in a report issued on Monday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Several other equities research analysts have also recently commented on the company. Independent Research set a €215.00 ($250.00) price target on Munchener Ruckvers and gave the company a neutral rating in a research note on Wednesday, May 8th. DZ Bank reissued a neutral rating on shares of Fuchs Petrolub in a research note on Thursday, June 27th. Nord/LB set a €64.00 ($74.42) price target on HeidelbergCement and gave the company a neutral rating in a research note on Thursday, May 23rd. Berenberg Bank reissued a buy rating and issued a GBX 100 ($1.31) price target on shares of in a research note on Monday, July 1st. Finally, Baader Bank set a €42.00 ($48.84) price target on Deutsche Beteiligungs and gave the company a buy rating in a research note on Monday. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have issued a buy rating to the company’s stock. Fuchs Petrolub currently has an average rating of Hold and an average target price of €39.02 ($45.38).
Shares of FRA FPE traded down €0.30 ($0.35) during trading hours on Monday, hitting €31.25 ($36.34). The stock had a trading volume of 24,803 shares. The company’s 50-day moving average price is €32.03. Fuchs Petrolub has a 52 week low of €37.40 ($43.49) and a 52 week high of €44.80 ($52.09).
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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