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Synthomer PLC 22% Potential Upside Indicated by Berenberg

Synthomer PLC with EPIC/TICKER (LON:SYNT) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at Berenberg. Synthomer PLC are listed in the Basic Materials sector within UK Main Market. Berenberg have set a target price of 345 GBX on its stock. This indicates the analyst now believes there is a potential upside of 22.0% from today’s opening price of 282.8 GBX. Over the last 30 and 90 trading days the company share price has decreased 41.6 points and decreased 36 points respectively. The 52 week high share price is 430.52 GBX while the year low share price is currently 264.4 GBX.

Synthomer PLC has a 50 day moving average of 313.51 GBX and the 200 Day Moving Average price is recorded at 343.70. There are currently 424,850,961 shares in issue with the average daily volume traded being 1,292,557. Market capitalisation for LON:SYNT is £1,184,484,427 GBP.