S&P Global Reiterates €40.00 Price Target for Salzgitter AG (SZG)

S&P Global set a €40.00 ($46.51) target price on Salzgitter AG (ETR:SZG) in a report published on Wednesday. The brokerage currently has a neutral rating on the stock.

SZG has been the topic of several other research reports. J P Morgan Chase & Co reaffirmed a neutral rating and set a price target on shares of Salzgitter AG in a research note on Wednesday. Nord/LB set a €47.00 ($54.65) price target on shares of Salzgitter AG and gave the stock a buy rating in a research note on Wednesday, October 25th. Baader Bank 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 Thursday, November 9th. Deutsche Bank AG set a €45.00 ($52.33) price target on shares of Salzgitter AG and gave the stock a buy rating in a research note on Tuesday, November 7th. Finally, 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 Friday, August 11th. Three equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating and four have given a buy rating to the company. The stock has an average rating of Hold and an average price target of €40.88 ($47.53).

Shares of Salzgitter AG (SZG) opened at €43.03 ($50.03) on Wednesday. Salzgitter AG has a one year low of €28.40 ($33.02) and a one year high of €44.28 ($51.49).

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About Salzgitter AG

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.

Analyst Recommendations for Salzgitter AG (ETR:SZG)

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