Several other equities research analysts have also commented on SZG. BNP Paribas set a €36.00 ($44.44) price target on shares of Salzgitter and gave the company a neutral rating in a report on Thursday, October 12th. Citigroup set a €40.00 ($49.38) price target on shares of Salzgitter and gave the company a neutral rating in a report on Monday, October 16th. Deutsche Bank set a €44.00 ($54.32) price target on shares of Salzgitter and gave the company a buy rating in a report on Monday, October 16th. UBS Group set a €42.00 ($51.85) price target on shares of Salzgitter and gave the company a neutral rating in a report on Friday, October 20th. Finally, Goldman Sachs Group set a €44.00 ($54.32) price target on shares of Salzgitter and gave the company a neutral rating in a report on Wednesday, October 25th. Five investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and three have assigned a buy rating to the company’s stock. The stock has an average rating of Hold and an average price target of €43.88 ($54.17).
Shares of Salzgitter (ETR:SZG) opened at €46.75 ($57.72) on Wednesday. Salzgitter has a 1-year low of €29.74 ($36.72) and a 1-year high of €52.40 ($64.69). The company has a market cap of $2,810.00 and a price-to-earnings ratio of 18.33.
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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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