Warburg Research set a €14.60 ($16.98) price objective on Suedzucker (ETR:SZU) in a report released on Thursday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Several other equities analysts have also recently issued reports on the company. Deutsche Bank set a €14.50 ($16.86) price objective on Suedzucker and gave the company a neutral rating in a report on Friday, September 27th. Kepler Capital Markets set a €15.60 ($18.14) price objective on Suedzucker and gave the company a buy rating in a report on Thursday. DZ Bank reissued a sell rating on shares of Suedzucker in a report on Friday, July 12th. Independent Research set a €14.50 ($16.86) price objective on Suedzucker and gave the company a sell rating in a report on Friday, July 12th. Finally, Goldman Sachs Group set a €14.00 ($16.28) price objective on Suedzucker and gave the company a neutral rating in a report on Thursday. Seven analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock currently has a consensus rating of Hold and an average price target of €15.24 ($17.73).
Shares of SZU stock traded down €0.26 ($0.30) on Thursday, hitting €12.34 ($14.35). The company had a trading volume of 1,213,899 shares, compared to its average volume of 410,903. The firm has a market cap of $2.52 billion and a P/E ratio of -2.89. The company has a 50-day moving average price of €14.50 and a 200-day moving average price of €13.80. The company has a quick ratio of 0.89, a current ratio of 2.13 and a debt-to-equity ratio of 45.23. Suedzucker has a twelve month low of €10.85 ($12.62) and a twelve month high of €16.20 ($18.84).
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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