Goldman Sachs Group set a €11.50 ($13.37) price objective on Suedzucker (ETR:SZU) in a research report released on Thursday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
SZU has been the topic of a number of other research reports. Warburg Research set a €11.00 ($12.79) price objective on Suedzucker and gave the company a sell rating in a report on Wednesday, January 23rd. Kepler Capital Markets set a €10.75 ($12.50) price objective on Suedzucker and gave the company a sell rating in a report on Tuesday, February 26th. Berenberg Bank set a €13.00 ($15.12) price objective on Suedzucker and gave the company a neutral rating in a report on Thursday, January 17th. DZ Bank reissued a sell rating on shares of Suedzucker in a report on Thursday, March 28th. Finally, Independent Research set a €9.50 ($11.05) price objective on Suedzucker and gave the company a sell rating in a report on Monday, April 1st. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the stock. The company currently has an average rating of Hold and a consensus price target of €15.30 ($17.79).
Shares of ETR SZU traded up €0.40 ($0.47) during mid-day trading on Thursday, reaching €14.42 ($16.77). 744,620 shares of the company traded hands, compared to its average volume of 410,903. The company has a debt-to-equity ratio of 28.35, a quick ratio of 0.86 and a current ratio of 2.15. The firm has a market cap of $2.99 billion and a price-to-earnings ratio of 71.74. Suedzucker has a fifty-two week low of €10.85 ($12.62) and a fifty-two week high of €15.85 ($18.42).
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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