HSBC set a €7.00 ($8.14) target price on SGL Carbon (ETR:SGL) in a report published on Wednesday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
A number of other equities research analysts have also commented on SGL. Kepler Capital Markets set a €14.00 ($16.28) price objective on alstria office REIT and gave the stock a neutral rating in a research report on Tuesday, May 7th. Deutsche Bank set a €230.00 ($267.44) price objective on adidas and gave the stock a neutral rating in a research report on Tuesday, May 7th. Finally, Baader Bank set a €13.00 ($15.12) price objective on ThyssenKrupp and gave the stock a neutral rating in a research report on Tuesday, May 7th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the company’s stock. SGL Carbon currently has an average rating of Hold and a consensus target price of €9.86 ($11.47).
Shares of SGL opened at €6.09 ($7.08) on Wednesday. The business has a 50-day moving average of €6.82. The stock has a market cap of $744.02 million and a PE ratio of 41.97. SGL Carbon has a 1-year low of €5.90 ($6.86) and a 1-year high of €12.07 ($14.03). The company has a debt-to-equity ratio of 73.42, a current ratio of 3.04 and a quick ratio of 1.77.
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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