Royal Bank Of Canada Analysts Give Salzgitter AG (SZG) a €39.00 Price Target
A number of other analysts have also issued reports on SZG. UBS AG set a €31.00 ($36.05) price target on shares of Salzgitter AG and gave the stock a sell rating in a research note on Tuesday, May 23rd. Jefferies Group LLC set a €39.00 ($45.35) price target on shares of Salzgitter AG and gave the stock a neutral rating in a research note on Tuesday, July 18th. Goldman Sachs Group, Inc. (The) set a €37.00 ($43.02) price target on shares of Salzgitter AG and gave the stock a buy rating in a research note on Thursday, April 20th. Citigroup Inc. set a €40.00 ($46.51) price target on shares of Salzgitter AG and gave the stock a neutral rating in a research note on Friday, July 14th. Finally, J P Morgan Chase & Co set a €38.50 ($44.77) price target on shares of Salzgitter AG and gave the stock a neutral rating in a research note on Monday, April 3rd. Four equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and six have assigned a buy rating to the stock. The company has a consensus rating of Hold and an average price target of €37.05 ($43.08).
Salzgitter AG (ETR:SZG) opened at 38.145 on Monday. The firm has a market cap of €2.06 billion and a PE ratio of 20.344. The stock has a 50 day moving average of €35.85 and a 200 day moving average of €34.77. Salzgitter AG has a one year low of €25.90 and a one year high of €38.80.
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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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