Salzgitter AG (SZG) Receives €41.14 Average Target Price from Analysts
Salzgitter AG (ETR:SZG) has earned a consensus rating of “Hold” from the twenty-one brokerages that are presently covering the firm, MarketBeat.com reports. Four analysts have rated the stock with a sell rating, fourteen have issued a hold rating and three have given a buy rating to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is €41.14 ($48.97).
SZG has been the topic of a number of recent research reports. Citigroup restated a “neutral” rating on shares of Salzgitter in a research note on Thursday, November 9th. UBS Group set a €42.00 ($50.00) price target on Salzgitter and gave the stock a “neutral” rating in a research note on Friday, October 20th. Royal Bank of Canada set a €40.00 ($47.62) price target on Salzgitter and gave the stock a “neutral” rating in a research note on Friday, November 3rd. Goldman Sachs Group set a €44.00 ($52.38) price target on Salzgitter and gave the stock a “neutral” rating in a research note on Wednesday, October 25th. Finally, Jefferies Group set a €42.00 ($50.00) price target on Salzgitter and gave the stock a “neutral” rating in a research note on Wednesday, November 15th.
Shares of Salzgitter (ETR:SZG) traded down €0.40 ($0.48) during midday trading on Monday, reaching €48.47 ($57.70). The company’s stock had a trading volume of 266,160 shares, compared to its average volume of 185,691. Salzgitter has a 1 year low of €29.74 ($35.40) and a 1 year high of €48.69 ($57.96). The stock has a market capitalization of $2,910.00 and a P/E ratio of 19.01.
TRADEMARK VIOLATION NOTICE: This article was first reported by Daily Political and is the property of of Daily Political. If you are reading this article on another domain, it was copied illegally and reposted in violation of U.S. & international trademark and copyright laws. The correct version of this article can be read at https://www.dailypolitical.com/2018/01/04/salzgitter-ag-szg-receives-41-14-average-target-price-from-analysts.html.
Salzgitter Aktiengesellschaft, through its subsidiaries, engages in steel and technology businesses worldwide. It operates through Strip Steel, Plate/Section Steel, Mannesmann, Trading, and Technology business units. The Strip Steel business unit manufactures branded and special steels, such as hot-rolled strip steel, cold-rolled steel, sections, tailored blanks, and components for the construction industry.
Receive News & Ratings for Salzgitter Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Salzgitter and related companies with MarketBeat.com's FREE daily email newsletter.