UBS Gains Confidence in Synthomer (LON:SYNT). Will Other Analysts Follow?

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Synthomer (LON:SYNT) Stock Upgrade

The stock rating of Synthomer (LON:SYNT) shares was increased by equity analysts at UBS to a respectable “Neutral”. They currently have a target price per share of GBX 310.00 on SYNT. UBS’s target price per share would indicate a possible upside of 10.48 % from the stock close price of the company.

Synthomer plc (LON:SYNT) Ratings Coverage

Among 3 analysts covering Synthomer (LON:SYNT), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Synthomer has GBX 510 highest and GBX 310 lowest target. GBX 391.25’s average target is 32.72% above currents GBX 294.8 stock price. Synthomer had 31 analyst reports since February 27, 2019 according to SRatingsIntel. The stock of Synthomer plc (LON:SYNT) has “Overweight” rating given on Friday, March 8 by Barclays Capital. The firm has “Buy” rating by Peel Hunt given on Thursday, June 27. The stock has “Buy” rating by Deutsche Bank on Wednesday, August 7. UBS maintained the stock with “Sell” rating in Monday, April 29 report. On Friday, August 16 the stock rating was upgraded by UBS to “Neutral”. The rating was maintained by Credit Suisse on Tuesday, March 5 with “Neutral”. Credit Suisse maintained it with “Neutral” rating and GBX 370 target in Friday, August 9 report.

The stock increased 1.38% or GBX 4 during the last trading session, reaching GBX 294.8. About 82,901 shares traded. Synthomer plc (LON:SYNT) has 0.00% since August 16, 2018 and is . It has by 0.00% the S&P500.

Synthomer plc, a specialty chemical company, produces and sells polymers for coatings, construction, healthcare, and automotive industries in Europe, North America, Asia, and internationally. The company has market cap of 1.07 billion GBP. It offers synthetic binders for paper and board coating; paints, lacquers, and chemical products, such as acrylic, styrene acrylic, and vinyl acetate based binders for architectural and industrials coatings; cement mortar and industrial floor screeds; adhesives; and nitrile, polychloroprene lattices, and prevulcanised natural latex for health and protection sectors, as well as dispersions for catheters, respiratory bellows, medical seat cushions, condoms, or balloons. It has a 13.52 P/E ratio. The firm also provides butadiene based lattices and dispersions for textile floor covering applications, as well as high solids styrene butadiene rubber lattices to produce latex foams for the bedding industry and the cushioning segment; and functional polymers, such as aqueous acrylic, butadiene, and vinyl acetate based polymer dispersions for the industrial divisions of adhesives, technical textiles, and fiber bonding.

More important recent Synthomer plc (LON:SYNT) news were published by: Crainscleveland.com which released: “Specialty chemicals company Omnova Solutions to be bought by UK polymer maker for about $455 million – Crain’s Cleveland Business” on July 03, 2019, also Finance.Yahoo.com published article titled: “Why Synthomer plc’s (LON:SYNT) Return On Capital Employed Is Impressive – Yahoo Finance”, Finance.Yahoo.com published: “Is Synthomer (LON:SYNT) A Risky Investment? – Yahoo Finance” on July 26, 2019. More interesting news about Synthomer plc (LON:SYNT) was released by: Finance.Yahoo.com and their article: “Spirent Communications plc (LON:SPT): What Does Its Beta Value Mean For Your Portfolio? – Yahoo Finance” with publication date: May 22, 2019.

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