Shares of Salzgitter AG (ETR:SZG) have received an average rating of “Hold” from the twenty-six analysts that are covering the firm. Six research analysts have rated the stock with a sell recommendation, ten have assigned a hold recommendation and ten have issued a buy recommendation on the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is €29.20 ($31.39).

Several equities analysts recently weighed in on the company. Berenberg Bank set a €41.00 ($44.09) target price on Salzgitter AG and gave the stock a “buy” rating in a research report on Thursday, August 4th. JPMorgan Chase & Co. set a €28.00 ($30.11) price target on Salzgitter AG and gave the stock a “neutral” rating in a research note on Thursday, September 15th. Bankhaus Lampe set a €32.00 ($34.41) price target on Salzgitter AG and gave the stock a “buy” rating in a research note on Thursday, August 11th. BNP Paribas set a €28.00 ($30.11) price target on Salzgitter AG and gave the stock a “neutral” rating in a research note on Friday, November 11th. Finally, Warburg Research set a €27.00 ($29.03) price target on Salzgitter AG and gave the stock a “neutral” rating in a research note on Thursday.

Shares of Salzgitter AG (ETR:SZG) traded down 0.052% during trading on Friday, hitting €28.992. The stock had a trading volume of 478 shares. The firm’s market cap is €1.57 billion. Salzgitter AG has a 12-month low of €16.90 and a 12-month high of €32.40. The stock has a 50-day moving average of €29.62 and a 200 day moving average of €27.88.

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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