J.P. Morgan analyst Chetan Udeshi maintained a Hold rating on Arkema today and set a price target of €55.00. The company’s shares closed yesterday at €53.20.
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Udeshi covers the Basic Materials sector, focusing on stocks such as BASF SE, Brenntag AG, and Evonik. According to TipRanks, Udeshi has an average return of -1.9% and a 53.49% success rate on recommended stocks.
Currently, the analyst consensus on Arkema is a Moderate Buy with an average price target of €70.60, a 32.71% upside from current levels. In a report released on September 30, Jefferies also maintained a Hold rating on the stock with a €56.00 price target.
0IB0 market cap is currently €4.02B and has a P/E ratio of 18.59.
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- Arkema price target lowered to EUR 80 from EUR 83 at Citi
- 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
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