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).
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.
Featured Article: What are the Benefits of Index Funds?
Receive News & Ratings for Suedzucker Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Suedzucker and related companies with MarketBeat.com's FREE daily email newsletter.