Synthomer (LON:SYNT) PT Raised to GBX 250

Synthomer (LON:SYNT) had its target price boosted by equities research analysts at Jefferies Financial Group from GBX 220 ($2.82) to GBX 250 ($3.20) in a research report issued on Friday, LSE.Co.UK reports. The firm currently has a “hold” rating on the stock. Jefferies Financial Group’s target price would suggest a potential downside of 8.93% from the company’s current price.

Synthomer Stock Performance

Synthomer stock traded up GBX 10 ($0.13) on Friday, reaching GBX 274.50 ($3.52). 498,458 shares of the stock were exchanged, compared to its average volume of 466,591. The company has a current ratio of 1.95, a quick ratio of 0.97 and a debt-to-equity ratio of 79.72. Synthomer has a twelve month low of GBX 118 ($1.51) and a twelve month high of GBX 1,754 ($22.47). The firm has a fifty day moving average price of GBX 286.12 and a two-hundred day moving average price of GBX 223.07. The stock has a market cap of £449.00 million, a PE ratio of -228.75, a PEG ratio of -0.17 and a beta of 1.76.

About Synthomer

Synthomer plc operates as a specialty chemicals company in the United Kingdom and internationally. It operates through five segments: Performance Elastomers, Functional Solutions, Industrial Specialities, Acrylate Monomers, and Adhesive Technologies. The company offers adhesives, including PSA labels, packaging and specialty tapes, saturants, release coatings, wood working, wet glues, hygiene and contact adhesives, packaging and assembly hot melt adhesives; coatings products such as architectural, masonry, intumescent, metal, wood, soil releases, blinders, ink receptive, polyester for powder coatings, SYNTHOMER NX for coalescing agents, and SYNOLOX BEPF for glycol.