# Synthomer PLC 110.0% potential upside indicated by Berenberg Bank

- Link: https://www.directorstalkinterviews.com/synthomer-plc-110.0-potential-upside-indicated-by-berenberg-bank/4121130388
- Published: 2023-10-20T13:36:00+01:00
- Author: Charlotte Edwards

**Synthomer PLC** with ticker (LON:SYNT) now has a potential upside of 110.0% according
to Berenberg Bank.
Berenberg Bank set a target price of 400 GBX for the company,
which when compared to the Synthomer PLC share price of 191 GBX at opening today(
20/10/2023) indicates a potential upside of 110.0%. Trading has ranged between 14(
52 week low) and 301 (52 week high) with an average of 7,473,764 shares exchanging
hands daily. The market capitalisation at the time of writing is £303,417,898.Synthomer
plc is a supplier of specialty polymers and ingredients for coatings, construction,
adhesives, and healthcare end markets. The Company’s segments include Coatings &
Construction Solutions (CCS), Adhesive Solutions (AS), and Health & Protection and
Performance Materials (HPPM). Coatings & Construction Solutions (CCS) segment offers
a wide range of coatings and construction products. It works across architectural
and masonry coatings, mortar modification, waterproofing and flooring, fiber bonding,
and energy solutions. Its adhesive solutions bond, modify and components for products
including tapes and labels, packaging, hygiene, tires and plastic modification, 
helping improve permeability, strength, elasticity, damping, dispersion and grip.
Its HPPM segment help enhance protection and performance in a wide range of industries
including medical glove manufacture, specialty paper, food packaging, carpet and
artificial turf, gel foam elastomers, and vinyl-coated seating fabrics.

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