Berenberg downgraded Evonik (EVKIF) to Sell from Hold with a price target of EUR 11.60, down from EUR 14.60. The firm is “skeptical” about Evonik protecting its prices and growing volumes enough to meet consensus EBITDA estimates from 2026.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EVKIF: