Independent Research set a €36.00 ($41.86) price objective on Fuchs Petrolub (FRA:FPE) in a research report report published on Wednesday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
A number of other research analysts have also commented on the company. Warburg Research set a €16.70 ($19.42) price objective on alstria office REIT and gave the company a buy rating in a report on Monday, July 8th. Hauck & Aufhaeuser set a €34.00 ($39.53) price objective on Fuchs Petrolub and gave the company a neutral rating in a report on Tuesday, July 9th. Deutsche Bank set a €230.00 ($267.44) price objective on adidas and gave the company a neutral rating in a report on Tuesday, May 7th. DZ Bank reaffirmed a neutral rating on shares of Basf in a report on Tuesday, July 9th. Finally, Nord/LB set a €64.00 ($74.42) price objective on HeidelbergCement and gave the company a neutral rating in a report on Thursday, May 23rd. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have given a buy rating to the company. Fuchs Petrolub currently has a consensus rating of Hold and a consensus price target of €39.02 ($45.38).
FPE stock opened at €31.70 ($36.86) on Wednesday. Fuchs Petrolub has a 1-year low of €37.40 ($43.49) and a 1-year high of €44.80 ($52.09). The business’s 50 day simple moving average is €31.99.
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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