# Synthomer PLC 49.5% potential upside indicated by Canaccord Genuity

- Link: https://www.directorstalkinterviews.com/synthomer-plc-49.5-potential-upside-indicated-by-canaccord-genuity/4121176226
- Published: 2024-11-04T13:58:55+00:00
- Author: Charlotte Edwards

**Synthomer PLC** with ticker (LON:SYNT) now has a potential upside of 49.5% according
to Canaccord Genuity.
SYNT.LCanaccord Genuity set a target price of 275 GBX for 
the company, which when compared to the Synthomer PLC share price of 184 GBX at 
opening today (04/11/2024) indicates a potential upside of 49.5%. Trading has ranged
between 118 (52 week low) and 338 (52 week high) with an average of 846,053 shares
exchanging hands daily. The market capitalisation at the time of writing is £306,852,827.
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). Its CCS segment offers a 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 the Company
offers water-based polymers for medical gloves, and a European manufacturer of high-
performance binders, foams and other products serving customers in a range of end
markets. It operates 30 manufacturing sites across Europe, North America and Asia.

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