Salzgitter (SZG) PT Set at €40.00 by Deutsche Bank

Deutsche Bank set a €40.00 ($46.51) target price on Salzgitter (ETR:SZG) in a report published on Thursday. The firm currently has a buy rating on the stock.

A number of other equities analysts also recently commented on SZG. Baader Bank set a €38.50 ($44.77) price objective on shares of Salzgitter and gave the stock a neutral rating in a research report on Wednesday, September 19th. Nord/LB set a €48.00 ($55.81) price objective on shares of Salzgitter and gave the stock a buy rating in a research report on Wednesday, September 19th. Goldman Sachs Group set a €52.00 ($60.47) price objective on shares of Salzgitter and gave the stock a buy rating in a research report on Wednesday, September 19th. Commerzbank set a €54.00 ($62.79) price objective on shares of Salzgitter and gave the stock a neutral rating in a research report on Thursday, September 20th. Finally, Kepler Capital Markets set a €47.00 ($54.65) price objective on shares of Salzgitter and gave the stock a neutral rating in a research report on Thursday, September 20th. Three analysts have rated the stock with a sell rating, fourteen have given a hold rating and two have issued a buy rating to the company’s stock. Salzgitter currently has an average rating of Hold and an average price target of €37.82 ($43.97).

Salzgitter stock traded up €0.39 ($0.45) during trading hours on Thursday, reaching €27.40 ($31.86). 159,586 shares of the stock were exchanged, compared to its average volume of 273,405. Salzgitter has a 52-week low of €29.74 ($34.58) and a 52-week high of €52.40 ($60.93).

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.

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Analyst Recommendations for Salzgitter (ETR:SZG)

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