Oddo Bhf Reiterates “€22.00” Price Target for Salzgitter (SZG)

Share on StockTwits

Oddo Bhf set a €22.00 ($25.58) price target on Salzgitter (ETR:SZG) in a research report released on Wednesday, Borsen Zeitung reports. The brokerage currently has a sell rating on the stock.

A number of other research analysts have also weighed in on SZG. Nord/LB set a €36.00 ($41.86) price objective on Salzgitter and gave the company a buy rating in a research report on Tuesday, April 30th. Baader Bank set a €30.00 ($34.88) price objective on Salzgitter and gave the company a neutral rating in a research report on Wednesday. Jefferies Financial Group set a €28.00 ($32.56) price objective on Salzgitter and gave the company a neutral rating in a research report on Tuesday, April 23rd. JPMorgan Chase & Co. set a €25.50 ($29.65) price objective on Salzgitter and gave the company a sell rating in a research report on Thursday, April 25th. Finally, Goldman Sachs Group set a €27.50 ($31.98) price objective on Salzgitter and gave the company a neutral rating in a research report on Wednesday. Four research analysts have rated the stock with a sell rating, twelve have given a hold rating and two have assigned a buy rating to the stock. Salzgitter has an average rating of Hold and a consensus target price of €32.12 ($37.35).

SZG stock opened at €25.67 ($29.85) on Wednesday. Salzgitter has a twelve month low of €23.37 ($27.17) and a twelve month high of €49.67 ($57.76). The company has a debt-to-equity ratio of 21.55, a current ratio of 2.06 and a quick ratio of 1.09. The company has a market cap of $1.39 billion and a P/E ratio of 5.35.

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.

Featured Article: Are sell-side analysts objective?

Analyst Recommendations for Salzgitter (ETR:SZG)

Receive News & Ratings for Salzgitter Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Salzgitter and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Westlake Chemical  Upgraded at ValuEngine
Westlake Chemical Upgraded at ValuEngine
Morgan Stanley Reiterates “$84.00” Price Target for Exxon Mobil
Morgan Stanley Reiterates “$84.00” Price Target for Exxon Mobil
Tenax Therapeutics  versus Its Rivals Critical Contrast
Tenax Therapeutics versus Its Rivals Critical Contrast
Steelcase  Stock Rating Lowered by Zacks Investment Research
Steelcase Stock Rating Lowered by Zacks Investment Research
Consumer Edge Lowers Kellogg  to Underweight
Consumer Edge Lowers Kellogg to Underweight
Grana y Montero SAA  Stock Rating Upgraded by Zacks Investment Research
Grana y Montero SAA Stock Rating Upgraded by Zacks Investment Research


 
© 2006-2019 Zolmax.