Salzgitter (ETR:SZG) Given a €27.00 Price Target by Deutsche Bank Analysts

Deutsche Bank set a €27.00 ($31.40) price objective on Salzgitter (ETR:SZG) in a research note published on Monday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

Other equities research analysts also recently issued research reports about the stock. Nord/LB set a €17.00 ($19.77) price target on shares of Salzgitter and gave the stock a neutral rating in a research note on Tuesday, August 13th. Independent Research set a €18.70 ($21.74) price target on shares of Salzgitter and gave the stock a neutral rating in a research note on Tuesday, August 13th. Oddo Bhf set a €22.00 ($25.58) price target on shares of Salzgitter and gave the stock a sell rating in a research note on Wednesday, May 15th. DZ Bank reiterated a neutral rating on shares of Salzgitter in a research note on Tuesday, August 13th. Finally, Jefferies Financial Group set a €18.00 ($20.93) price target on shares of Salzgitter and gave the stock a neutral rating in a research note on Tuesday, August 13th. Four equities research analysts have rated the stock with a sell rating and twelve have given a hold rating to the company’s stock. Salzgitter presently has a consensus rating of Hold and an average price target of €24.61 ($28.62).

Shares of Salzgitter stock opened at €15.27 ($17.76) on Monday. The company’s fifty day simple moving average is €19.44 and its 200-day simple moving average is €24.58. The company has a market cap of $825.91 million and a price-to-earnings ratio of 3.70. The company has a current ratio of 2.30, a quick ratio of 1.25 and a debt-to-equity ratio of 40.20. Salzgitter has a 1 year low of €14.46 ($16.81) and a 1 year high of €44.00 ($51.16).



Salzgitter Company Profile

Salzgitter Aktiengesellschaft, together with its subsidiaries, engages in steel and technology businesses worldwide. It operates through five segments: Strip Steel, Plate/Section Steel, Mannesmann, Trading, and Technology. The Strip Steel segment manufactures branded and special steels, such as hot-rolled strip steel and steel sheets, sections, tailored blanks, and components for the construction industry.

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Analyst Recommendations for Salzgitter (ETR:SZG)

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