Nord/LB set a €35.00 ($40.70) target price on Fuchs Petrolub (FRA:FPE) in a report released on Tuesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
A number of other research firms have also issued reports on FPE. Berenberg Bank set a €42.00 ($48.84) price target on shares of Fuchs Petrolub and gave the stock a neutral rating in a research report on Wednesday, November 6th. DZ Bank reaffirmed a neutral rating on shares of Fuchs Petrolub in a research report on Wednesday, October 30th. Bank of America set a €30.00 ($34.88) price objective on shares of Fuchs Petrolub and gave the company a sell rating in a research report on Friday, September 20th. Credit Suisse Group set a €34.00 ($39.53) price objective on shares of Fuchs Petrolub and gave the company a sell rating in a research note on Thursday, October 31st. Finally, Baader Bank set a €43.00 ($50.00) target price on shares of Fuchs Petrolub and gave the stock a neutral rating in a research report on Monday, November 11th. Two investment analysts have rated the stock with a sell rating and eleven have issued a hold rating to the company’s stock. The company has an average rating of Hold and an average target price of €37.09 ($43.13).
FRA:FPE opened at €36.90 ($42.91) on Tuesday. Fuchs Petrolub has a fifty-two week low of €37.40 ($43.49) and a fifty-two week high of €44.80 ($52.09). The stock’s 50-day moving average is €36.06 and its two-hundred day moving average is €32.99.
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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