Key Points
- Insider purchase: Director Michael Willome bought 63,000 shares on November 11 at GBX 49 each, a transaction totalling £30,870, signaling insider buying interest in Synthomer.
- Weak share performance: The stock opened around GBX 54 (near its 52‑week low of GBX 45.40), trades below its 50‑day (GBX 61.19) and 200‑day (GBX 81.27) moving averages, and the company shows a negative P/E of -1.06 and a market cap of £88.27 million.
- Analyst view: Brokers currently have a consensus rating of "Hold" with an average target of GBX 103.75 after several firms trimmed their price targets in recent months.
Synthomer plc (LON:SYNT - Get Free Report) insider Michael Willome acquired 63,000 shares of the firm's stock in a transaction that occurred on Tuesday, November 11th. The shares were bought at an average cost of GBX 49 per share, for a total transaction of £30,870.
Synthomer Stock Performance
Synthomer stock opened at GBX 54 on Thursday. The company has a current ratio of 1.90, a quick ratio of 0.97 and a debt-to-equity ratio of 78.27. The firm has a market capitalization of £88.27 million, a P/E ratio of -1.06, a PEG ratio of -0.17 and a beta of 1.79. Synthomer plc has a 52 week low of GBX 45.40 and a 52 week high of GBX 180.50. The stock has a fifty day moving average price of GBX 61.19 and a 200 day moving average price of GBX 81.27.
Analyst Ratings Changes
Several brokerages have recently issued reports on SYNT. Jefferies Financial Group reaffirmed a "hold" rating and issued a GBX 100 price target on shares of Synthomer in a research report on Tuesday, August 5th. Deutsche Bank Aktiengesellschaft cut their price objective on Synthomer from GBX 140 to GBX 115 and set a "hold" rating on the stock in a report on Wednesday, July 30th. Berenberg Bank dropped their target price on Synthomer from GBX 120 to GBX 80 and set a "hold" rating on the stock in a report on Wednesday, August 6th. Finally, JPMorgan Chase & Co. reduced their target price on shares of Synthomer from GBX 200 to GBX 120 and set a "neutral" rating for the company in a report on Friday, October 10th. Four analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, Synthomer presently has an average rating of "Hold" and a consensus target price of GBX 103.75.
Get Our Latest Stock Analysis on Synthomer
Synthomer Company Profile
(
Get Free Report)
Synthomer plc is a leading supplier of high-performance, highly specialised polymers and ingredients that play vital roles in key sectors such as coatings, construction, adhesives, and health and protection – growing markets for customers who serve billions of end users worldwide.
Headquartered in London, UK and listed on the LSE since 1971, we employ c.3,900 employees across our five innovation centres of excellence and 29 manufacturing sites across Europe, North America, Middle East and Asia.
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