Synthomer (LON:SYNT) Receives Neutral Rating from UBS Group

UBS Group reiterated their neutral rating on shares of Synthomer (LON:SYNT) in a research report report published on Monday, ThisIsMoney.Co.Uk reports.

Other equities research analysts have also issued research reports about the company. Peel Hunt restated a buy rating and set a GBX 375 ($4.90) target price (down previously from GBX 435 ($5.68)) on shares of Synthomer in a research report on Friday, October 25th. Peel Hunt cut their target price on Synthomer from GBX 450 ($5.88) to GBX 435 ($5.68) and set a buy rating on the stock in a research report on Monday, September 16th. Deutsche Bank restated a buy rating and set a GBX 340 ($4.44) target price (down previously from GBX 375 ($4.90)) on shares of Synthomer in a research report on Monday, October 28th. Berenberg Bank cut their target price on Synthomer from GBX 360 ($4.70) to GBX 345 ($4.51) and set a buy rating on the stock in a research report on Monday, October 28th. Finally, Credit Suisse Group cut their target price on Synthomer from GBX 400 ($5.23) to GBX 370 ($4.83) and set a neutral rating on the stock in a research report on Friday, August 9th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and seven have given a buy rating to the stock. The stock has an average rating of Buy and a consensus target price of GBX 423 ($5.53).

Shares of Synthomer stock traded up GBX 0.20 ($0.00) on Monday, hitting GBX 301 ($3.93). 282,425 shares of the company’s stock traded hands, compared to its average volume of 523,513. Synthomer has a one year low of GBX 260 ($3.40) and a one year high of GBX 430.52 ($5.63). The company has a debt-to-equity ratio of 77.42, a current ratio of 1.22 and a quick ratio of 0.87. The company has a fifty day moving average of GBX 297.55 and a two-hundred day moving average of GBX 339.04. The company has a market capitalization of $1.29 billion and a price-to-earnings ratio of 13.81.

About Synthomer

Synthomer plc operates as a specialty chemicals company in Europe, North America, Asia, and internationally. The company offers pressure-sensitive adhesives, acrylic polymers, acrylic dispersions, and other adhesives; latices for foamed bedding products and footwear; and binders for carpet applications.

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Analyst Recommendations for Synthomer (LON:SYNT)

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