Bank of America set a €30.00 ($34.88) price objective on Fuchs Petrolub (FRA:FPE) in a research report released on Friday, September 20th, Borsen Zeitung reports. The brokerage currently has a sell rating on the stock.
Other analysts also recently issued research reports about the company. Hauck & Aufhaeuser set a €30.00 ($34.88) target price on Fuchs Petrolub and gave the stock a neutral rating in a research note on Thursday, September 5th. Independent Research set a €33.00 ($38.37) price target on Fuchs Petrolub and gave the stock a neutral rating in a research report on Tuesday, August 20th. Deutsche Bank set a €32.00 ($37.21) target price on Fuchs Petrolub and gave the company a neutral rating in a research report on Friday, August 2nd. Kepler Capital Markets set a €34.00 ($39.53) target price on Fuchs Petrolub and gave the company a sell rating in a research report on Thursday, June 27th. Finally, Berenberg Bank set a €41.00 ($47.67) target price on Fuchs Petrolub and gave the company a buy rating in a research report on Friday, August 2nd. Three investment analysts have rated the stock with a sell rating, nine have issued a hold rating and three have assigned a buy rating to the stock. Fuchs Petrolub has an average rating of Hold and an average price target of €37.02 ($43.05).
Shares of FPE traded up €0.65 ($0.76) during mid-day trading on Friday, reaching €32.15 ($37.38). The company had a trading volume of 48,249 shares. Fuchs Petrolub has a 52-week low of €37.40 ($43.49) and a 52-week high of €44.80 ($52.09). The stock has a 50 day moving average of €31.94 and a two-hundred day moving average of €32.96.
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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