SGL Carbon (SGL) Given a €9.00 Price Target at Commerzbank

SGL Carbon (ETR:SGL) has been given a €9.00 ($10.47) target price by equities researchers at Commerzbank in a research note issued to investors on Thursday. The brokerage presently has a “sell” rating on the stock. Commerzbank’s price objective indicates a potential upside of 24.31% from the stock’s previous close.

Other analysts also recently issued research reports about the stock. Cfra set a €13.00 ($15.12) target price on shares of SGL Carbon and gave the company a “buy” rating in a research report on Wednesday, August 8th. Kepler Capital Markets set a €8.50 ($9.88) target price on shares of SGL Carbon and gave the company a “neutral” rating in a research report on Monday, October 15th. Baader Bank set a €12.00 ($13.95) target price on shares of SGL Carbon and gave the company a “neutral” rating in a research report on Tuesday, August 14th. Berenberg Bank set a €13.50 ($15.70) target price on shares of SGL Carbon and gave the company a “buy” rating in a research report on Wednesday, August 8th. Finally, Societe Generale set a €14.50 ($16.86) target price on shares of SGL Carbon and gave the company a “buy” rating in a research report on Tuesday, November 6th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of €11.58 ($13.46).

ETR:SGL opened at €7.24 ($8.42) on Thursday. SGL Carbon has a fifty-two week low of €8.09 ($9.41) and a fifty-two week high of €14.70 ($17.09).

About SGL Carbon

SGL Carbon SE manufactures and sells carbon and graphite products in Europe, Asia, Africa, Australia, and Latin and North America. The company operates in two business units, Composites-Fibers & Materials; and Graphite Materials & Systems. It provides process solutions for chemical and related industries; and equipment solutions, such as heat exchangers, quenchers, pumps, rupture disks, piping products, expansion joints/bellows, dip and intel pipes, liners and lining services, and other components, as well as columns, reactors, and vessels.

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Analyst Recommendations for SGL Carbon (ETR:SGL)

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