Salzgitter AG (ETR:SZG)‘s stock had its “neutral” rating reaffirmed by equities researchers at JPMorgan Chase & Co. in a research report issued to clients and investors on Thursday.

A number of other equities analysts have also commented on SZG. Independent Research GmbH set a €28.00 ($30.11) price objective on Salzgitter AG and gave the stock a “sell” rating in a research note on Wednesday, November 16th. Jefferies Group set a €36.00 ($38.71) price objective on Salzgitter AG and gave the stock a “buy” rating in a research note on Friday, November 11th. Nord/LB set a €34.00 ($36.56) price objective on Salzgitter AG and gave the stock a “buy” rating in a research note on Friday, November 11th. Warburg Research set a €27.00 ($29.03) price objective on Salzgitter AG and gave the stock a “neutral” rating in a research note on Friday, November 11th. Finally, DZ Bank AG reissued a “neutral” rating on shares of Salzgitter AG in a research note on Friday, November 11th. Six analysts have rated the stock with a sell rating, ten have assigned a hold rating and ten have assigned a buy rating to the company’s stock. Salzgitter AG has an average rating of “Hold” and an average price target of €29.66 ($31.89).

Analyst Recommendations for Salzgitter AG (ETR:SZG)

Salzgitter AG (ETR:SZG) opened at 28.992 on Thursday. Salzgitter AG has a 52-week low of €16.90 and a 52-week high of €32.40. The firm’s market cap is €1.57 billion. The company has a 50 day moving average price of €29.64 and a 200-day moving average price 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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