Suedzucker (ETR:SZU) Given a €13.50 Price Target by Independent Research Analysts

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Suedzucker (ETR:SZU) received a €13.50 ($15.70) price target from analysts at Independent Research in a research report issued on Friday, Borsen Zeitung reports. The firm currently has a “neutral” rating on the stock. Independent Research’s price objective points to a potential upside of 8.00% from the stock’s current price.

A number of other analysts have also weighed in on the stock. Deutsche Bank set a €14.50 ($16.86) target price on shares of Suedzucker and gave the company a “neutral” rating in a research report on Friday, September 27th. Warburg Research set a €14.60 ($16.98) target price on shares of Suedzucker and gave the company a “neutral” rating in a research report on Thursday. Berenberg Bank set a €14.00 ($16.28) target price on shares of Suedzucker and gave the company a “neutral” rating in a research report on Wednesday, July 17th. Kepler Capital Markets set a €15.60 ($18.14) target price on shares of Suedzucker and gave the company a “buy” rating in a research report on Thursday. Finally, Nord/LB set a €16.50 ($19.19) target price on shares of Suedzucker and gave the company a “buy” rating in a research report on Friday, June 21st. Seven investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock has an average rating of “Hold” and an average target price of €15.24 ($17.73).

Shares of Suedzucker stock opened at €12.50 ($14.53) on Friday. Suedzucker has a fifty-two week low of €10.85 ($12.62) and a fifty-two week high of €16.20 ($18.84). The company has a debt-to-equity ratio of 45.23, a current ratio of 2.13 and a quick ratio of 0.89. The firm has a market capitalization of $2.55 billion and a P/E ratio of -2.93. The company’s 50 day moving average price is €14.50 and its two-hundred day moving average price is €13.80.

About Suedzucker

S├╝dzucker 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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Analyst Recommendations for Suedzucker (ETR:SZU)

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