Other equities research analysts also recently issued reports about the stock. Barclays PLC reissued an overweight rating and set a GBX 390 ($5.09) target price on shares of Synthomer PLC in a research report on Monday, July 4th. Credit Suisse Group AG reissued an underperform rating and set a GBX 350 ($4.57) target price on shares of Synthomer PLC in a research report on Tuesday, August 23rd. Numis Securities Ltd downgraded shares of Synthomer PLC to a hold rating and set a GBX 400 ($5.22) target price for the company. in a research report on Wednesday, July 27th. Canaccord Genuity boosted their target price on shares of Synthomer PLC from GBX 370 ($4.83) to GBX 375 ($4.89) and gave the stock a buy rating in a research report on Tuesday, June 28th. Finally, Berenberg Bank reissued a hold rating and set a GBX 345 ($4.50) target price on shares of Synthomer PLC in a research report on Monday, June 20th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and five have given a buy rating to the stock. Synthomer PLC presently has a consensus rating of Hold and a consensus target price of GBX 372.55 ($4.86).
Synthomer PLC (LON:SYNT) opened at 384.90 on Wednesday. The stock’s 50 day moving average is GBX 366.78 and its 200 day moving average is GBX 356.78. Synthomer PLC has a one year low of GBX 272.66 and a one year high of GBX 390.60. The company’s market capitalization is GBX 1.31 billion.
The business also recently announced a dividend, which will be paid on Friday, November 4th. Shareholders of record on Thursday, October 6th will be paid a GBX 3.50 ($0.05) dividend. This represents a yield of 0.9%. The ex-dividend date of this dividend is Thursday, October 6th.
Synthomer PLC Company Profile
Synthomer Plc is a United Kingdom-based specialty chemical company. The Company supplies lattices and specialty emulsion polymers for markets, including paper and board, constructions and coatings, health and protection, functional polymers, performance polymers, and carpet, compounds and foam. It operates in segments, including Europe and North America (ENA) and Asia and Rest of World (ARW).
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