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Synthomer PLC 20.7% Potential Upside Indicated by Deutsche Bank

Synthomer PLC with EPIC/TICKER (LON:SYNT) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at Deutsche Bank. Synthomer PLC are listed in the Basic Materials sector within UK Main Market. Deutsche Bank have set a target price of 340 GBX on its stock. This indicates the analyst now believes there is a potential upside of 20.7% from today’s opening price of 281.8 GBX. Over the last 30 and 90 trading days the company share price has decreased 37.8 points and decreased 16.2 points respectively. The 1 year high stock price is 430.52 GBX while the 52 week low for the stock is 264.4 GBX.

Synthomer PLC has a 50 day moving average of 313.09 GBX and a 200 Day Moving Average share price is recorded at 342.95. There are currently 424,850,961 shares in issue with the average daily volume traded being 1,310,682. Market capitalisation for LON:SYNT is £1,177,686,915 GBP.