Suedzucker (ETR:SZU) PT Set at €14.50 by Deutsche Bank

Suedzucker (ETR:SZU) has been assigned a €14.50 ($16.86) price objective by research analysts at Deutsche Bank in a research note issued on Tuesday, Borsen Zeitung reports. The brokerage currently has a “neutral” rating on the stock. Deutsche Bank’s price objective would indicate a potential downside of 7.41% from the company’s previous close.

Other research analysts have also issued research reports about the company. Nord/LB set a €25.50 ($29.65) price objective on Uniper and gave the company a “neutral” rating in a research report on Friday, June 21st. Goldman Sachs Group set a €28.60 ($33.26) price objective on Hapag-Lloyd and gave the company a “neutral” rating in a research report on Thursday, May 16th. Kepler Capital Markets set a €49.00 ($56.98) price objective on Duerr and gave the company a “buy” rating in a research report on Friday, May 17th. Independent Research set a €11.70 ($13.60) price objective on Nordex and gave the company a “sell” rating in a research report on Wednesday, May 22nd. Finally, Warburg Research set a €16.70 ($19.42) price objective on Suedzucker and gave the company a “buy” rating in a research report on Tuesday, June 11th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of €15.43 ($17.95).

ETR:SZU traded down €0.19 ($0.22) during midday trading on Tuesday, reaching €15.66 ($18.21). 1,194,068 shares of the company traded hands, compared to its average volume of 410,903. Suedzucker has a twelve month low of €10.85 ($12.62) and a twelve month high of €16.20 ($18.84). The stock has a market capitalization of $3.20 billion and a price-to-earnings ratio of -3.79. The company has a quick ratio of 0.95, a current ratio of 2.10 and a debt-to-equity ratio of 40.50. The firm has a fifty day moving average of €14.36.



About Suedzucker

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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Analyst Recommendations for Suedzucker (ETR:SZU)

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