Salzgitter (SZG) Given a €48.00 Price Target at Nord/LB

Nord/LB set a €48.00 ($54.55) price objective on Salzgitter (ETR:SZG) in a research note published on Tuesday morning. The firm currently has a buy rating on the stock.

Other research analysts have also issued research reports about the stock. Goldman Sachs Group set a €52.00 ($59.09) price target on shares of Salzgitter and gave the stock a buy rating in a research report on Thursday, July 19th. Deutsche Bank restated a buy rating on shares of Salzgitter in a research report on Friday, July 20th. Commerzbank set a €54.00 ($61.36) price target on shares of Salzgitter and gave the stock a neutral rating in a research report on Tuesday, May 15th. Baader Bank set a €38.50 ($43.75) price target on shares of Salzgitter and gave the stock a neutral rating in a research report on Tuesday, May 15th. Finally, UBS Group set a €42.00 ($47.73) price target on shares of Salzgitter and gave the stock a neutral rating in a research report on Monday, April 30th. Seven analysts have rated the stock with a sell rating, twelve have issued a hold rating and three have assigned a buy rating to the stock. Salzgitter currently has an average rating of Hold and a consensus target price of €42.75 ($48.58).

ETR SZG opened at €38.90 ($44.20) on Tuesday. Salzgitter has a 12 month low of €29.74 ($33.80) and a 12 month high of €52.40 ($59.55).



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.

Recommended Story: Short Selling Stocks, A Beginner’s Guide

Analyst Recommendations for Salzgitter (ETR:SZG)

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.

Leave a Reply