Salzgitter AG (ETR:SZG)‘s stock had its “neutral” rating restated by equities researchers at DZ Bank AG in a research report issued to clients and investors on Friday.

Several other research firms have also recently commented on SZG. Bankhaus Lampe set a €32.00 ($35.16) price objective on Salzgitter AG and gave the company a “buy” rating in a research report on Thursday, August 11th. Barclays PLC set a €25.00 ($27.47) price objective on Salzgitter AG and gave the company a “sell” rating in a research report on Thursday, August 11th. S&P Global Inc. set a €23.00 ($25.27) price objective on Salzgitter AG and gave the company a “sell” rating in a research report on Wednesday, August 10th. Baader Bank set a €26.00 ($28.57) price objective on Salzgitter AG and gave the company a “neutral” rating in a research report on Wednesday, August 10th. Finally, Nord/LB set a €34.00 ($37.36) target price on Salzgitter AG and gave the stock a “buy” rating in a research report on Wednesday, August 10th. Six equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and ten have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of €29.66 ($32.59).

Analyst Recommendations for Salzgitter AG (ETR:SZG)

Salzgitter AG (ETR:SZG) opened at 28.743 on Friday. The stock’s market cap is €1.55 billion. The stock’s 50 day moving average price is €29.51 and its 200 day moving average price is €27.89. Salzgitter AG has a one year low of €16.90 and a one year high of €32.40.

Salzgitter AG Company Profile

Salzgitter AG is a Germany-based holding company for a group of more than 200 domestic and international subsidiaries active in the steel technology industry. The Company operates through five divisions. The Steel division manufactures flat steel and profiles, plates, sheet piling, components for roofing and cladding, blanks and tailored blanks for a variety of applications.

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