Several other analysts have also recently commented on SZG. JPMorgan Chase & Co. set a €28.00 ($30.77) price target on Salzgitter AG and gave the company a neutral rating in a report on Thursday, September 15th. Jefferies Group set a €34.00 ($37.36) price target on Salzgitter AG and gave the company a buy rating in a report on Friday, September 30th. DZ Bank AG restated a neutral rating on shares of Salzgitter AG in a report on Monday, August 15th. Kepler Capital Markets set a €30.00 ($32.97) price target on Salzgitter AG and gave the company a neutral rating in a report on Monday, August 22nd. Finally, Commerzbank AG set a €22.00 ($24.18) price target on Salzgitter AG and gave the company a sell rating in a report on Wednesday, August 31st. Six investment analysts have rated the stock with a sell rating, nine have given a hold rating and eleven have given a buy rating to the company’s stock. The stock has an average rating of Hold and an average price target of €29.94 ($32.90).
Shares of Salzgitter AG (ETR:SZG) opened at 29.813 on Thursday. The firm’s market cap is €1.61 billion. Salzgitter AG has a one year low of €16.90 and a one year high of €32.40. The company has a 50-day moving average of €29.03 and a 200 day moving average of €27.62.
Salzgitter AG Company Profile
Salzgitter AG is a Germany-based holding company for a group of more than 200 domestic and international subsidiaries active in the steel technology industry. The Company operates through five divisions. The Steel division manufactures flat steel and profiles, plates, sheet piling, components for roofing and cladding, blanks and tailored blanks for a variety of applications.
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