Salzgitter AG (ETR:SZG) has been assigned a €41.00 ($48.24) price target by analysts at Goldman Sachs Group, Inc. (The) in a research note issued on Thursday. The firm currently has a “neutral” rating on the stock.

A number of other equities analysts have also recently weighed in on SZG. Royal Bank Of Canada set a €38.00 ($44.71) price target on Salzgitter AG and gave the stock a “buy” rating in a report on Wednesday, April 12th. Barclays PLC set a €29.00 ($34.12) price target on Salzgitter AG and gave the stock a “sell” rating in a report on Tuesday, April 18th. Deutsche Bank AG set a €42.00 ($49.41) price target on Salzgitter AG and gave the stock a “buy” rating in a report on Wednesday, April 19th. Jefferies Group LLC set a €34.00 ($40.00) price target on Salzgitter AG and gave the stock a “neutral” rating in a report on Thursday, April 20th. Finally, Berenberg Bank set a €42.00 ($49.41) price target on Salzgitter AG and gave the stock a “buy” rating in a report on Thursday, April 20th. Four investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and six have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average target price of €37.55 ($44.18).

Salzgitter AG (SZG) opened at 38.94 on Thursday. The firm’s 50-day moving average is €37.03 and its 200 day moving average is €34.98. Salzgitter AG has a 52 week low of €26.12 and a 52 week high of €39.49. The stock has a market cap of €2.10 billion and a price-to-earnings ratio of 20.77.

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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.

Analyst Recommendations for Salzgitter AG (ETR:SZG)

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