Berenberg Bank Reiterates “€18.30” Price Target for Suedzucker AG (SZU)

Berenberg Bank set a €18.30 ($21.53) price target on Suedzucker AG (ETR:SZU) in a research note published on Tuesday. The brokerage currently has a neutral rating on the stock.

A number of other equities analysts have also recently commented on the stock. equinet AG set a €15.50 ($18.24) price objective on shares of Suedzucker AG and gave the stock a sell rating in a research note on Monday. Goldman Sachs Group, Inc. (The) set a €17.00 ($20.00) price objective on shares of Suedzucker AG and gave the stock a neutral rating in a research note on Monday. Independent Research GmbH set a €18.50 ($21.76) price objective on shares of Suedzucker AG and gave the stock a neutral rating in a research note on Friday, October 13th. BNP Paribas set a €17.00 ($20.00) price objective on shares of Suedzucker AG and gave the stock a neutral rating in a research note on Friday, October 13th. Finally, Kepler Capital Markets set a €17.00 ($20.00) price objective on shares of Suedzucker AG and gave the stock a sell rating in a research note on Thursday, October 12th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the stock. The stock has a consensus rating of Hold and an average price target of €19.62 ($23.08).

Shares of Suedzucker AG (ETR:SZU) opened at 16.84 on Tuesday. The company has a market capitalization of €3.44 billion and a P/E ratio of 14.33. The firm has a 50-day moving average of €17.98 and a 200 day moving average of €18.94. Suedzucker AG has a 1-year low of €16.60 and a 1-year high of €25.44.

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About Suedzucker AG

Südzucker AG supplies sugar products in Europe and internationally. It operates through four segments: Sugar, Special Products, CropEnergies, and Fruit. The Sugar segment produces and sells sugar, sugary specialty products, animal feed and, fertilizers to food industry, retailers, and agriculture market.

Analyst Recommendations for Suedzucker AG (ETR:SZU)

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