Evonik (0QDS) was upgraded to a Buy Rating at Jefferies

Evonik received a Buy rating and price target from Jefferies analyst Marcus Dunford-Castro today.Meet Samuel – Your Personal Investing ProphetStart a conversation with TipRanks’ trusted, data-backed investment intelligence

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According to TipRanks, Dunford-Castro is a 2-star analyst with an average return of 1.7% and a 70.00% success rate.

In addition to Jefferies, Evonik also received a Buy from Morgan Stanley’s Thomas Wrigglesworth in a report issued on May 13. However, on May 21, Barclays downgraded Evonik (LSE: 0QDS) to a Hold.

0QDS market cap is currently €8.05B and has a P/E ratio of 15.61.