Salzgitter AG (ETR:SZG) received a €27.00 ($29.03) price target from investment analysts at Warburg Research in a report issued on Friday. The firm currently has a a “neutral” rating on the stock.

Other analysts also recently issued reports about the company. Berenberg Bank set a €41.00 ($44.09) price objective on Salzgitter AG and gave the company a “buy” rating in a research report on Wednesday, August 10th. Deutsche Bank AG set a €41.00 ($44.09) price objective on Salzgitter AG and gave the company a “buy” rating in a research report on Wednesday, August 3rd. Commerzbank AG set a €22.00 ($23.66) 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 ($27.96) price objective on Salzgitter AG and gave the company a “neutral” rating in a research report on Wednesday, August 10th. Finally, Nord/LB restated a “buy” rating on shares of Salzgitter AG in a research report on Wednesday, November 2nd. Six investment analysts have rated the stock with a sell rating, ten have given a hold rating and ten have given a buy rating to the stock. Salzgitter AG currently has an average rating of “Hold” and a consensus target price 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 52-week low of €16.90 and a 52-week high of €32.40. The firm’s market capitalization is €1.62 billion. The firm has a 50-day moving average price of €29.57 and a 200 day moving average price of €27.87.

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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