Baader Bank Reiterates “€9.00” Price Target for SGL Carbon (SGL)

Baader Bank set a €9.00 ($10.47) price target on SGL Carbon (ETR:SGL) in a report published on Monday morning. The brokerage currently has a buy rating on the stock.

Several other brokerages have also recently weighed in on SGL. Societe Generale set a €14.50 ($16.86) price target on shares of SGL Carbon and gave the stock a buy rating in a research note on Tuesday, November 6th. Cfra set a €11.50 ($13.37) price target on shares of SGL Carbon and gave the stock a buy rating in a research note on Wednesday, November 7th. Commerzbank set a €9.00 ($10.47) price target on shares of SGL Carbon and gave the stock a sell rating in a research note on Wednesday, November 7th. Kepler Capital Markets set a €9.00 ($10.47) price target on shares of SGL Carbon and gave the stock a neutral rating in a research note on Wednesday, November 7th. Finally, Bank of America set a €6.00 ($6.98) price target on shares of SGL Carbon and gave the stock a sell rating in a research note on Tuesday, January 8th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the stock. The stock currently has a consensus rating of Hold and a consensus target price of €10.40 ($12.09).

Shares of SGL opened at €7.00 ($8.14) on Monday. SGL Carbon has a twelve month low of €8.09 ($9.41) and a twelve month high of €14.70 ($17.09).



SGL Carbon Company Profile

SGL Carbon SE manufactures and sells carbon and graphite products in Europe, Asia, Africa, Australia, and Latin and North America. The company operates in two business units, Composites-Fibers & Materials; and Graphite Materials & Systems. It provides process solutions for chemical and related industries; and equipment solutions, such as heat exchangers, quenchers, pumps, rupture disks, piping products, expansion joints/bellows, dip and intel pipes, liners and lining services, and other components, as well as columns, reactors, and vessels.

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Analyst Recommendations for SGL Carbon (ETR:SGL)

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