Berenberg Bank set a €15.00 ($17.44) price target on Suedzucker (ETR:SZU) in a research note issued to investors on Tuesday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
SZU has been the topic of several other research reports. DZ Bank reissued a sell rating on shares of Suedzucker in a research report on Thursday, March 28th. Warburg Research set a €16.10 ($18.72) price target on shares of Suedzucker and gave the company a buy rating in a research report on Friday, April 26th. Goldman Sachs Group set a €11.50 ($13.37) price target on shares of Suedzucker and gave the company a neutral rating in a research report on Thursday, April 25th. Deutsche Bank set a €13.50 ($15.70) price target on shares of Suedzucker and gave the company a neutral rating in a research report on Monday. Finally, Kepler Capital Markets set a €14.00 ($16.28) price target on shares of Suedzucker and gave the company a buy rating in a research report on Thursday, April 25th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has an average rating of Hold and an average target price of €15.52 ($18.05).
Shares of SZU opened at €14.00 ($16.28) on Tuesday. Suedzucker has a 52-week low of €10.85 ($12.62) and a 52-week high of €15.85 ($18.42). The company has a debt-to-equity ratio of 28.35, a quick ratio of 0.86 and a current ratio of 2.15. The firm has a market cap of $2.86 billion and a price-to-earnings ratio of 69.65.
Suedzucker Company Profile
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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