Fuchs Petrolub (FRA:FPE) Given a €42.00 Price Target at Berenberg Bank

Fuchs Petrolub (FRA:FPE – Get Rating) has been assigned a €42.00 ($45.16) price target by investment analysts at Berenberg Bank in a research report issued to clients and investors on Wednesday, Borsen Zeitung reports. Berenberg Bank’s price objective would suggest a potential upside of 39.30% from the company’s current price.

Several other equities analysts have also recently commented on FPE. UBS Group set a €37.00 ($39.78) price target on shares of Fuchs Petrolub in a research report on Thursday, March 9th. Warburg Research set a €41.00 ($44.09) price target on shares of Fuchs Petrolub in a research note on Tuesday. Deutsche Bank Aktiengesellschaft set a €47.00 ($50.54) price objective on Fuchs Petrolub in a report on Thursday, March 9th. Credit Suisse Group set a €33.00 ($35.48) target price on Fuchs Petrolub in a report on Thursday, March 9th. Finally, Baader Bank set a €42.00 ($45.16) price target on Fuchs Petrolub in a research note on Wednesday, March 8th.

Fuchs Petrolub Stock Performance

FRA:FPE opened at €30.15 ($32.42) on Wednesday. The stock’s fifty day moving average is €30.52 and its two-hundred day moving average is €27.24. Fuchs Petrolub has a 52 week low of €37.40 ($40.22) and a 52 week high of €44.80 ($48.17).

Fuchs Petrolub Company Profile

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Fuchs Petrolub SE develops, produces, and sells lubricants and related specialties worldwide. The company offers automotive lubricants, such as biodegradable lubricants, central and mobile hydraulic oils, dry coatings, engine and gear oils, motorcycle/two wheelers, and service fluids, as well as various oils for agriculture sector.