Fuchs Petrolub (FRA:FPE) Given a €30.00 Price Target at Bank of America

Share on StockTwits

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.

A number of other brokerages also recently issued reports on FPE. Hauck & Aufhaeuser set a €30.00 ($34.88) price target on Fuchs Petrolub and gave the stock a neutral rating in a research report on Thursday, September 5th. HSBC set a €39.00 ($45.35) target price on Fuchs Petrolub and gave the company a neutral rating in a research report on Monday, August 5th. Warburg Research set a €32.30 ($37.56) target price on Fuchs Petrolub and gave the company a neutral rating in a research report on Thursday, August 1st. Nord/LB set a €32.00 ($37.21) target price on Fuchs Petrolub and gave the company a neutral rating in a research report on Tuesday, August 27th. Finally, 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. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and three have issued a buy rating to the company’s stock. Fuchs Petrolub has an average rating of Hold and an average target price of €37.02 ($43.05).

Shares of FPE stock traded up €0.65 ($0.76) during mid-day trading on Friday, reaching €32.15 ($37.38). The stock had a trading volume of 48,249 shares. The business’s fifty day moving average is €31.94 and its 200-day moving average is €32.96. Fuchs Petrolub has a 1-year low of €37.40 ($43.49) and a 1-year high of €44.80 ($52.09).

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.

Read More: How to execute a trade ex-dividend strategy?

Analyst Recommendations for Fuchs Petrolub (FRA:FPE)

Receive News & Ratings for Fuchs Petrolub Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fuchs Petrolub and related companies with MarketBeat.com's FREE daily email newsletter.