Suedzucker (SZU) PT Set at €9.00 by Berenberg Bank

Suedzucker (ETR:SZU) has been assigned a €9.00 ($10.47) price objective by stock analysts at Berenberg Bank in a report released on Tuesday. The firm currently has a “sell” rating on the stock. Berenberg Bank’s target price suggests a potential downside of 20.63% from the company’s previous close.

A number of other analysts have also weighed in on SZU. DZ Bank reaffirmed a “neutral” rating on shares of Suedzucker in a research report on Monday, May 28th. Kepler Capital Markets set a €11.75 ($13.66) price objective on Suedzucker and gave the stock a “sell” rating in a research report on Friday, June 22nd. Goldman Sachs Group set a €11.00 ($12.79) target price on shares of Suedzucker and gave the stock a “sell” rating in a research note on Monday, June 25th. Nord/LB set a €24.00 ($27.91) target price on shares of Suedzucker and gave the stock a “buy” rating in a research note on Thursday, June 28th. Finally, equinet set a €11.70 ($13.60) target price on shares of Suedzucker and gave the stock a “sell” rating in a research note on Wednesday, July 11th. Five equities research analysts have rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of €14.34 ($16.67).

Suedzucker stock opened at €11.34 ($13.19) on Tuesday. Suedzucker has a twelve month low of €14.59 ($16.97) and a twelve month high of €23.97 ($27.87).

About Suedzucker

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.

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Analyst Recommendations for Suedzucker (ETR:SZU)

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