Synthomer (LON:SYNT) Rating Reiterated by Barclays

Synthomer (LON:SYNTGet Rating)‘s stock had its “equal weight” rating restated by equities research analysts at Barclays in a report issued on Wednesday, MarketBeat.com reports. They currently have a GBX 323 ($3.96) price objective on the stock. Barclays‘s price objective indicates a potential upside of 71.72% from the stock’s current price.

Synthomer Trading Down 2.3 %

LON SYNT opened at GBX 188.10 ($2.30) on Wednesday. The company has a quick ratio of 1.43, a current ratio of 1.91 and a debt-to-equity ratio of 64.18. Synthomer has a 52 week low of GBX 183.70 ($2.25) and a 52 week high of GBX 570.50 ($6.99). The stock has a market capitalization of £879.06 million and a PE ratio of 391.88. The firm has a 50 day moving average of GBX 249.76 and a two-hundred day moving average of GBX 288.53.

Insider Activity at Synthomer

In other Synthomer news, insider Roberto Gualdoni purchased 20,000 shares of Synthomer stock in a transaction that occurred on Tuesday, August 2nd. The stock was purchased at an average price of GBX 214 ($2.62) per share, for a total transaction of £42,800 ($52,444.55). In other news, insider Michael Willome acquired 70,000 shares of the business’s stock in a transaction on Thursday, August 4th. The stock was bought at an average price of GBX 189 ($2.32) per share, for a total transaction of £132,300 ($162,112.49). Also, insider Roberto Gualdoni acquired 20,000 shares of the business’s stock in a transaction on Tuesday, August 2nd. The shares were purchased at an average price of GBX 214 ($2.62) per share, with a total value of £42,800 ($52,444.55).

Synthomer Company Profile

(Get Rating)

Synthomer plc operates as a specialty chemicals company. It operates through four segments: Performance Elastomers, Functional Solutions, Industrial Specialities, and Acrylate Monomers. The company offers pressure sensitive adhesives, acrylic polymers, acrylic dispersions, saturants, release coatings, and other adhesives; water-based carboxylated styrene butadiene rubber, redispersible powder, flooring adhesive, and additives for construction applications; and impregnation binders, styrene butadiene copolymers, dispersions, polymer binders, and butadiene-based binders for textiles applications.

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