Salzgitter AG (ETR:SZG) has been assigned a €26.00 ($28.57) target price by analysts at Baader Bank in a research note issued on Thursday. The brokerage presently has a a “neutral” rating on the stock.

SZG has been the subject of several other reports. Barclays PLC set a €23.00 ($25.27) target price on shares of Salzgitter AG and gave the stock a “sell” rating in a report on Friday, October 21st. Jefferies Group set a €34.00 ($37.36) target price on shares of Salzgitter AG and gave the stock a “buy” rating in a report on Tuesday, September 20th. Deutsche Bank AG set a €41.00 ($45.05) target price on shares of Salzgitter AG and gave the stock a “buy” rating in a report on Thursday, October 27th. Goldman Sachs Group Inc. set a €26.50 ($29.12) target price on shares of Salzgitter AG and gave the stock a “sell” rating in a report on Thursday, October 13th. Finally, Commerzbank AG set a €22.00 ($24.18) target price on shares of Salzgitter AG and gave the stock a “sell” rating in a 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 given a buy rating to the company’s stock. Salzgitter AG presently has a consensus rating of “Hold” and a consensus price target of €29.58 ($32.51).

Analyst Recommendations for Salzgitter AG (ETR:SZG)

Shares of Salzgitter AG (ETR:SZG) opened at 29.123 on Thursday. Salzgitter AG has a 1-year low of €16.90 and a 1-year high of €32.40. The firm’s 50-day moving average is €29.53 and its 200 day moving average is €27.90. The stock’s market capitalization is €1.58 billion.

About Salzgitter AG

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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