# Synthomer PLC -7.6% potential downside indicated by Jefferies

- Link: https://www.directorstalkinterviews.com/synthomer-plc-7.6-potential-downside-indicated-by-jefferies/4121165284
- Published: 2024-07-16T13:13:07+01:00
- Author: Charlotte Edwards

**Synthomer PLC** with ticker (LON:SYNT) now has a potential downside of -7.6% according
to Jefferies.
SYNT.LJefferies set a target price of 250 GBX for the company, which
when compared to the Synthomer PLC share price of 271 GBX at opening today (16/07/
2024) indicates a potential downside of -7.6%. Trading has ranged between 14 (52
week low) and 338 (52 week high) with an average of 276,476 shares exchanging hands
daily. The market capitalisation at the time of writing is £441,632,520.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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