Salzgitter AG (ETR:SZG)‘s stock had its “neutral” rating restated by DZ Bank AG in a research note issued on Tuesday.
Other equities research analysts have also issued research reports about the stock. Deutsche Bank AG set a €44.00 ($51.16) target price on shares of Salzgitter AG and gave the company a “buy” rating in a research note on Wednesday, July 26th. Berenberg Bank set a €48.00 ($55.81) target price on shares of Salzgitter AG and gave the company a “buy” rating in a research note on Friday, July 28th. Nord/LB set a €47.00 ($54.65) target price on shares of Salzgitter AG and gave the company a “buy” rating in a research note on Monday, July 31st. Kepler Capital Markets set a €50.00 ($58.14) target price on shares of Salzgitter AG and gave the company a “buy” rating in a research note on Thursday, November 9th. Finally, Goldman Sachs Group, Inc. (The) set a €41.00 ($47.67) price objective on shares of Salzgitter AG and gave the stock a “neutral” rating in a research note on Thursday, August 10th. Three analysts have rated the stock with a sell rating, fourteen have issued a hold rating and four have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of €40.85 ($47.50).
Shares of Salzgitter AG (SZG) opened at €40.44 ($47.02) on Tuesday. Salzgitter AG has a 52 week low of €28.39 ($33.01) and a 52 week high of €44.28 ($51.49).
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Salzgitter AG Company Profile
Salzgitter Aktiengesellschaft, through its subsidiaries, engages in steel and technology businesses worldwide. It operates through Strip Steel, Plate/Section Steel, Mannesmann, Trading, and Technology business units. The Strip Steel business unit manufactures branded and special steels, such as hot-rolled strip steel, cold-rolled steel, sections, tailored blanks, and components for the construction industry.
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