Salzgitter (SZG) Stock Rating Reaffirmed by DZ Bank

Salzgitter (ETR:SZG)‘s stock had its “neutral” rating reaffirmed by stock analysts at DZ Bank in a report issued on Thursday.

SZG has been the topic of a number of other research reports. Commerzbank set a €54.00 ($62.79) target price on Salzgitter and gave the company a “neutral” rating in a report on Wednesday. Goldman Sachs Group set a €47.00 ($54.65) target price on Salzgitter and gave the company a “neutral” rating in a report on Friday, October 19th. Cfra set a €36.00 ($41.86) target price on Salzgitter and gave the company a “neutral” rating in a report on Wednesday. Independent Research set a €42.00 ($48.84) target price on Salzgitter and gave the company a “neutral” rating in a report on Tuesday, September 11th. Finally, JPMorgan Chase & Co. set a €37.00 ($43.02) target price on Salzgitter and gave the company a “sell” rating in a report on Friday, October 12th. Six research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and two have assigned a buy rating to the stock. Salzgitter currently has an average rating of “Hold” and a consensus target price of €40.79 ($47.43).

Shares of ETR:SZG opened at €32.12 ($37.35) on Thursday. Salzgitter has a one year low of €29.74 ($34.58) and a one year high of €52.40 ($60.93).

Salzgitter Company Profile

Salzgitter Aktiengesellschaft, together with its subsidiaries, engages in steel and technology businesses worldwide. It operates through five segments: Strip Steel, Plate/Section Steel, Mannesmann, Trading, and Technology. The Strip Steel segment manufactures branded and special steels, such as hot-rolled strip steel and steel sheets, sections, tailored blanks, and components for the construction industry.

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Analyst Recommendations for Salzgitter (ETR:SZG)

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