Analyst Price Target is $34.00
▲ +10.53% Upside Potential
This price target is based on 12 analysts offering 12 month price targets for Evonik Industries in the last 3 months. The average price target is $34.00, with a high forecast of $34.00 and a low forecast of $34.00. The average price target represents a 10.53% upside from the last price of $30.76.
Current Consensus is
The current consensus among 12 polled investment analysts is to hold stock in Evonik Industries. This rating has held steady since November 2019, when it changed from a Sell consensus rating.
Evonik Industries AG operates as a holding company, which engages in the manufacture of specialty chemical products. It operates through the following segments: Nutrition and Care, Resource Efficiency, Performance Materials, Services, and Other Operations. The Nutrition and Care segment produces specialty chemicals, principally for use in consumer goods for daily needs, and in animal nutrition and healthcare products. The Resource Efficiency segment supplies materials and specialty additives for environment-friendly and energy-efficient system solutions for the automotive, paints, coatings, adhesives, construction industries, and other sectors. The Performance Materials segment manufacture polymer materials and intermediates, mainly for the rubber, plastics, and agriculture industries. The Services segment comprises site management, utilities, waste management, technical, process technology, engineering, and logistics services for the chemical segments and external customers. The Other Operation segment consists management holding company, strategic research, and hidden reserves and liabilities. The company was founded in 1919 and is headquartered in Essen, Germany.