JPMorgan Chase & Co. set a €28.00 ($31.11) price target on Salzgitter AG (ETR:SZG) in a research note issued to investors on Thursday. The brokerage currently has a a neutral rating on the stock.

Several other research analysts have also recently issued reports on SZG. Independent Research GmbH set a €21.00 ($23.33) target price on shares of Salzgitter AG and gave the stock a sell rating in a report on Wednesday, May 18th. Goldman Sachs Group Inc. set a €29.00 ($32.22) price objective on shares of Salzgitter AG and gave the company a buy rating in a report on Tuesday, May 24th. Kepler Capital Markets set a €27.00 ($30.00) price objective on shares of Salzgitter AG and gave the company a neutral rating in a report on Wednesday, May 25th. Royal Bank Of Canada set a €33.00 ($36.67) price objective on shares of Salzgitter AG and gave the company a buy rating in a report on Friday, May 27th. Finally, Credit Suisse Group AG set a €40.00 ($44.44) price objective on shares of Salzgitter AG and gave the company a buy rating in a report on Tuesday, May 31st. Six research analysts have rated the stock with a sell rating, ten have given a hold rating and ten have assigned a buy rating to the company. Salzgitter AG has an average rating of Hold and a consensus price target of €29.40 ($32.67).

Salzgitter AG (ETR:SZG) opened at 27.69 on Thursday. The company’s market cap is €1.50 billion. Salzgitter AG has a one year low of €16.90 and a one year high of €30.63. The company has a 50-day moving average of €28.30 and a 200 day moving average of €26.80.

Salzgitter AG Company Profile

Salzgitter AG is a Germany-based holding company for a group of more than 200 domestic and international subsidiaries active in the steel technology industry. The Company operates through five divisions. The Steel division manufactures flat steel and profiles, plates, sheet piling, components for roofing and cladding, blanks and tailored blanks for a variety of applications.

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