Salzgitter AG (ETR:SZG) has been given a €23.00 ($24.73) price target by stock analysts at S&P Global Inc. in a research note issued to investors on Friday. The firm currently has a a “sell” rating on the stock.

A number of other research firms also recently issued reports on SZG. BNP Paribas set a €28.00 ($30.11) price objective on shares of Salzgitter AG and gave the stock a “neutral” rating in a report on Thursday, August 11th. Bankhaus Lampe set a €32.00 ($34.41) price objective on shares of Salzgitter AG and gave the stock a “buy” rating in a report on Thursday, August 11th. Barclays PLC set a €25.00 ($26.88) price objective on shares of Salzgitter AG and gave the stock a “sell” rating in a report on Thursday, August 11th. Baader Bank set a €26.00 ($27.96) price target on shares of Salzgitter AG and gave the company a “neutral” rating in a report on Wednesday, August 10th. Finally, Nord/LB set a €34.00 ($36.56) price target on shares of Salzgitter AG and gave the company a “buy” rating in a report on Wednesday, August 10th. Six analysts have rated the stock with a sell rating, ten have given a hold rating and ten have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of €29.58 ($31.81).

Analyst Recommendations for Salzgitter AG (ETR:SZG)

Salzgitter AG (ETR:SZG) opened at 29.854 on Friday. Salzgitter AG has a one year low of €16.90 and a one year high of €32.40. The company’s market cap is €1.62 billion. The stock has a 50 day moving average of €29.57 and a 200-day moving average of €27.87.

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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