UBS analyst Geoff Haire maintained a Buy rating on Arkema today and set a price target of €70.00. The company’s shares closed yesterday at €53.70.
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According to TipRanks, Haire is an analyst with an average return of -2.8% and a 46.15% success rate. Haire covers the Basic Materials sector, focusing on stocks such as BASF SE, Solvay SA, and Wacker Chemie AG.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Arkema with a €73.56 average price target, which is a 36.98% upside from current levels. In a report released on September 30, Deutsche Bank also maintained a Buy rating on the stock with a €65.00 price target.
0IB0 market cap is currently €4.07B and has a P/E ratio of 18.75.
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- Arkema price target lowered to EUR 65 from EUR 70 at Deutsche Bank
- Positive Outlook for Arkema’s Adhesive Solutions Amid Favorable Market Conditions
- Arkema price target lowered to EUR 70 from EUR 76 at Deutsche Bank
- Arkema price target lowered to EUR 76 from EUR 80 at Deutsche Bank
- Arkema price target lowered to EUR 75 from EUR 82 at Berenberg
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