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Synthomer (LON:SYNT – Get Rating) had its price target dropped by stock analysts at Canaccord Genuity Group from GBX 750 ($9.83) to GBX 575 ($7.53) in a note issued to investors on Thursday, LSE.Co.UK reports. The firm currently has a “buy” rating on the stock. Canaccord Genuity Group’s price objective would indicate a potential upside […]
Synthomer (LON:SYNT – Get Rating) had its price target cut by stock analysts at Berenberg Bank from GBX 410 ($5.50) to GBX 350 ($4.70) in a report issued on Thursday, Analyst Price Targets reports. The brokerage presently has a “hold” rating on the stock. Berenberg Bank’s target price indicates a potential upside of 38.67% from […]
Investegate announcements from Synthomer PLC, Preliminary Results for the year ended 31 Dec 2021
Shares of Synthomer plc (LON:SYNT – Get Rating) have received an average recommendation of “Buy” from the seven research firms that are covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have assigned a buy rating to the company. […]
Synthomer optimistic, raises earnings forecast Print LONDON—Synthomer P.L.C. has upgraded its earnings forecast on the back of "strong trading momentum across the business," the group said in a trading update for the year ended Dec. 31. Buoyed by stronger trading across its three main divisions, Synthomer now expects 2020 EBITDA of around $310 million, about 10 percent ahead of the guidance provided in an Oct. 14 trading statement. The recent Omnova acquisition, investment in new capacity, efficiency measures and continued strength in performance elastomers "will underpin strong EBITDA gro...