Jefferies Group set a €34.00 ($37.78) price target on Salzgitter AG (ETR:SZG) in a report published on Tuesday. The brokerage currently has a a buy rating on the stock.

Several other equities analysts also recently commented on the stock. JPMorgan Chase & Co. set a €28.00 ($31.11) price target on shares of Salzgitter AG and gave the company a neutral rating in a report on Thursday, September 15th. Commerzbank AG set a €22.00 ($24.44) price target on shares of Salzgitter AG and gave the company a sell rating in a report on Wednesday, August 31st. Barclays PLC set a €25.00 ($27.78) price target on shares of Salzgitter AG and gave the company a sell rating in a report on Tuesday, August 23rd. Kepler Capital Markets set a €30.00 ($33.33) price target on shares of Salzgitter AG and gave the company a neutral rating in a report on Monday, August 22nd. Finally, Morgan Stanley set a €30.50 ($33.89) price target on shares of Salzgitter AG and gave the company a neutral rating in a report on Thursday, August 18th. Six analysts have rated the stock with a sell rating, ten have assigned a hold rating and ten have given a buy rating to the company’s stock. The company presently has an average rating of Hold and a consensus target price of €29.40 ($32.67).

Shares of Salzgitter AG (ETR:SZG) opened at 28.974 on Tuesday. The company’s 50 day moving average is €28.35 and its 200 day moving average is €26.84. The company’s market cap is €1.57 billion. Salzgitter AG has a 12 month low of €16.90 and a 12 month high of €30.63.

About Salzgitter AG

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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