UBS Group Reiterates €36.00 Price Target for Fuchs Petrolub (FRA:FPE)

UBS Group set a €36.00 ($41.86) price objective on Fuchs Petrolub (FRA:FPE) in a research note published on Thursday, August 1st, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

FPE has been the topic of a number of other reports. Credit Suisse Group set a €32.00 ($37.21) price objective on Fuchs Petrolub and gave the company a sell rating in a research report on Thursday, July 18th. DZ Bank restated a neutral rating on shares of Fuchs Petrolub in a research report on Tuesday, July 9th. Kepler Capital Markets set a €34.00 ($39.53) price target on Fuchs Petrolub and gave the stock a sell rating in a report on Thursday, June 27th. Deutsche Bank set a €32.00 ($37.21) price target on Fuchs Petrolub and gave the stock a neutral rating in a report on Thursday, July 11th. Finally, Berenberg Bank set a €41.00 ($47.67) price target on Fuchs Petrolub and gave the stock a buy rating in a report on Monday, July 1st. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating and three have given a buy rating to the stock. The company currently has a consensus rating of Hold and a consensus price target of €38.25 ($44.48).

FPE stock traded down €0.10 ($0.12) during midday trading on Thursday, reaching €30.65 ($35.64). 62,166 shares of the company traded hands. Fuchs Petrolub has a 52-week low of €37.40 ($43.49) and a 52-week high of €44.80 ($52.09). The business has a 50 day moving average of €31.59 and a 200-day moving average of €33.88.

Fuchs Petrolub Company Profile

Fuchs Petrolub SE develops, produces, and sells lubricants and related specialties worldwide. It offers engine and gear oils, central hydraulic oils, greases, shock absorber fluids, biodegradable lubricants; brake fluids and radiator antifreeze products; multi-purpose/long-life, wheel bearing, food grade, and biodegradable greases; greases for plain and roller bearings, extreme temperatures, rail vehicles, machine tools, and central lubricating systems; gear boxes; and assembly pastes and greases in spray cans; slide way, heat transfer, hydraulic, refrigerator, compressor, machine, textile machine, transformer, turbine, and cylinder oils; and biodegradable and adhesive lubricants.