Deutsche Bank AG restated their buy rating on shares of Salzgitter AG (ETR:SZG) in a research report report published on Wednesday morning.

A number of other brokerages also recently issued reports on SZG. Nord/LB set a €43.00 ($46.24) price target on shares of Salzgitter AG and gave the stock a buy rating in a report on Monday, January 30th. Barclays PLC set a €23.00 ($24.73) price target on shares of Salzgitter AG and gave the stock a sell rating in a report on Monday, January 30th. Bank of America Corp set a €41.00 ($44.09) price target on shares of Salzgitter AG and gave the stock a buy rating in a report on Tuesday, January 24th. JPMorgan Chase & Co. set a €36.50 ($39.25) price target on shares of Salzgitter AG and gave the stock a neutral rating in a report on Thursday, January 12th. Finally, Commerzbank Ag set a €22.00 ($23.66) price target on shares of Salzgitter AG and gave the stock a sell rating in a report on Thursday, January 5th. Seven investment analysts have rated the stock with a sell rating, five have given a hold rating and eleven have given a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and an average target price of €35.47 ($38.14).

Analyst Recommendations for Salzgitter AG (ETR:SZG)

Shares of Salzgitter AG (ETR:SZG) opened at 36.089 on Wednesday. Salzgitter AG has a 12-month low of €22.67 and a 12-month high of €38.04. The company’s market capitalization is €1.95 billion. The stock has a 50 day moving average of €36.07 and a 200-day moving average of €32.43.

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About Salzgitter AG

Salzgitter AG is a Germany-based producer of steel and steel products. The Company operates through five segments: The Strip Steel segment is composed of the operating companies Salzgitter Flachstahl GmbH, Salzgitter Bauelemente GmbH, Salzgitter Europlatinen GmbH and Salzgitter Mannesmann Stahlservice GmbH and produces strip steel in a wide variety of metallurgic compositions and dimensions.

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