Suedzucker (ETR:SZU) received a €22.00 ($25.58) price objective from analysts at Commerzbank in a research note issued to investors on Thursday. The firm presently has a “buy” rating on the stock. Commerzbank’s target price would indicate a potential upside of 68.84% from the company’s previous close.
Other equities research analysts have also issued reports about the company. Kepler Capital Markets set a €10.75 ($12.50) price target on Suedzucker and gave the company a “sell” rating in a research report on Thursday, October 11th. DZ Bank reissued a “neutral” rating on shares of Suedzucker in a research report on Thursday, September 20th. Independent Research set a €12.40 ($14.42) price target on Suedzucker and gave the company a “neutral” rating in a research report on Friday, September 21st. Warburg Research set a €11.20 ($13.02) price objective on Suedzucker and gave the stock a “neutral” rating in a research note on Monday, October 1st. Finally, Goldman Sachs Group set a €9.00 ($10.47) price objective on Suedzucker and gave the stock a “sell” rating in a research note on Monday, October 8th. Six analysts have rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of €13.50 ($15.69).
SZU stock opened at €13.03 ($15.15) on Thursday. Suedzucker has a 12-month low of €14.59 ($16.97) and a 12-month high of €23.97 ($27.87).
Südzucker AG supplies sugar products in Europe and internationally. It operates through four segments: Sugar, Special Products, CropEnergies, and Fruit. The Sugar segment produces and sells sugar, sugary specialty products, animal feed and, fertilizers to food industry, retailers, and agriculture market.
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