A number of other equities research analysts have also recently commented on SZG. Morgan Stanley set a €39.10 ($46.55) target price on Salzgitter and gave the company a neutral rating in a research report on Friday, August 18th. Barclays set a €29.00 ($34.52) target price on Salzgitter and gave the company a sell rating in a research report on Monday, September 18th. Baader Bank set a €38.50 ($45.83) target price on Salzgitter and gave the company a neutral rating in a research report on Thursday, September 21st. BNP Paribas set a €36.00 ($42.86) target price on Salzgitter and gave the company a neutral rating in a research report on Thursday, October 12th. Finally, Citigroup set a €40.00 ($47.62) target price on Salzgitter and gave the company a neutral rating in a research report on Monday, October 16th. Three equities research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and three have issued a buy rating to the company’s stock. The company currently has a consensus rating of Hold and a consensus target price of €41.13 ($48.96).
Shares of Salzgitter (SZG) opened at €45.92 ($54.67) on Friday. Salzgitter has a 12-month low of €29.74 ($35.40) and a 12-month high of €45.25 ($53.87).
COPYRIGHT VIOLATION NOTICE: “Salzgitter (SZG) Receives Neutral Rating from Jefferies Group” was reported by Sports Perspectives and is owned by of Sports Perspectives. If you are viewing this piece of content on another publication, it was stolen and republished in violation of international trademark & copyright legislation. The legal version of this piece of content can be read at https://sportsperspectives.com/2017/12/19/salzgitter-szg-receives-neutral-rating-from-jefferies-group.html.
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.
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.