LBBW raises target for Evonik stock from EUR 18.50 to EUR 22.00

Published on 10/20/2026 at 10:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

BASF's bid shaped October 13, 2026. Evonik stock costs EUR 20.96, minus 1.78 percent versus EUR 21.34, the Xetra close of October 19, 2026.

Analyst targets and reporting date

LBBW lifted its Evonik target from EUR 18.50 to EUR 22.00 on October 13, 2026.
Berenberg raised its target from EUR 15.50 to EUR 20.00 on October 5, 2026.
Evonik stock trades at EUR 20.96 at 10:08 a.m. CEST at Lang & Schwarz on October 20, 2026, 1.78 percent below the Xetra close of October 19, 2026.
Evonik will report third-quarter 2026 results on November 3, 2026.

Extreme Makrofotografie transparenter Silikagelkugeln und Polymerpartikel auf schwarzem Hintergrund — Evonik Industries DE000EVNK013 zeigt eine extreme Makroaufnahme transluzenter Spezialsilika-Kugeln auf dunklem Hintergrund, Illustration mit AI erstellt.

Evonik stock (ISIN DE000EVNK013) was trading at EUR 20.96 at Lang & Schwarz on October 20, 2026 at 10:08 a.m. CEST, 1.78 percent below the Xetra close of October 19, 2026 at EUR 21.34. On October 13, 2026, Finanztrends reported that LBBW raised its target for Evonik from EUR 18.50 to EUR 22.00 and maintained a Hold rating.

Analyst targets moved higher

The target increase came amid continuing market attention on BASF's interest in Evonik. Börse Express reported that Evonik had rejected an informal BASF approach of EUR 22.15 per share as too low, while the companies had not confirmed a binding transaction. That leaves the analyst targets as a measurable test of the takeover premium against the operating outlook.

Three target changes since September

On September 28, 2026, DZ Bank raised its target from EUR 21.00 to EUR 22.00, according to Börse Express. On October 5, 2026, Berenberg upgraded Evonik from Sell to Hold and lifted its target from EUR 15.50 to EUR 20.00, as Yahoo Finance reported. On October 13, 2026, LBBW raised its target from EUR 18.50 to EUR 22.00, the most recent target change.

What does the EUR 22.00 target imply?

At EUR 20.96, Evonik stock stood 4.73 percent below LBBW's EUR 22.00 target. The comparison is narrow, while the broader analyst picture remains divided: Deutsche Bank Research held a EUR 18.00 target on October 1, 2026, according to Markets Insider.

Next reporting dates

Evonik's investor-relations calendar lists third-quarter 2026 reporting for November 3, 2026 and fourth-quarter 2026 reporting for March 4, 2027, according to Evonik. The November release will provide the next operating check on whether higher targets are supported by earnings.

Stock trades below Xetra close

Evonik stock was trading at EUR 20.96 at Lang & Schwarz on October 20, 2026 at 10:08 a.m. CEST, 1.78 percent below the Xetra close of October 19, 2026 at EUR 21.34. The finance snapshot places market capitalization at EUR 9.8 billion and the 52-week range at EUR 12.49 to EUR 21.84, both as of October 20, 2026. The further course of trading is shown by the continuously updated real-time quote of Evonik stock.