Berenberg Bank set a €40.00 ($46.51) target price on Fuchs Petrolub (FRA:FPE) in a research report released on Friday, June 7th, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
FPE has been the subject of several other research reports. Warburg Research set a €36.80 ($42.79) target price on Fuchs Petrolub and gave the company a neutral rating in a research note on Tuesday, February 26th. Kepler Capital Markets set a €34.00 ($39.53) target price on Fuchs Petrolub and gave the company a sell rating in a report on Monday, April 1st. Independent Research set a €39.00 ($45.35) target price on Fuchs Petrolub and gave the company a neutral rating in a report on Thursday, March 21st. DZ Bank reaffirmed a neutral rating on shares of Fuchs Petrolub in a report on Thursday, March 21st. Finally, Credit Suisse Group set a €33.00 ($38.37) target price on Fuchs Petrolub and gave the company a sell rating in a report on Thursday, March 21st. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and three have issued a buy rating to the stock. Fuchs Petrolub currently has an average rating of Hold and a consensus price target of €40.05 ($46.57).
Shares of FRA:FPE traded down €0.40 ($0.47) on Friday, hitting €31.35 ($36.45). The company’s stock had a trading volume of 31,293 shares. Fuchs Petrolub has a 12 month low of €37.40 ($43.49) and a 12 month high of €44.80 ($52.09). The company’s 50-day moving average price is €32.24.
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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