Salzgitter AG (SZG) Given a €30.00 Price Target at JPMorgan Chase & Co.
Salzgitter AG (ETR:SZG) has been assigned a €30.00 ($32.26) target price by JPMorgan Chase & Co. in a research report issued on Wednesday. The firm presently has a “neutral” rating on the stock.
Several other equities analysts have also recently weighed in on SZG. Berenberg Bank set a €41.00 ($44.09) price target on Salzgitter AG and gave the company a “buy” rating in a report on Thursday, August 4th. Bankhaus Lampe set a €32.00 ($34.41) price target on Salzgitter AG and gave the company a “buy” rating in a report on Thursday, August 11th. BNP Paribas set a €28.00 ($30.11) price target on Salzgitter AG and gave the company a “neutral” rating in a report on Friday, November 11th. DZ Bank AG reissued a “neutral” rating on shares of Salzgitter AG in a report on Monday, August 15th. Finally, Warburg Research set a €27.00 ($29.03) price target on Salzgitter AG and gave the company a “neutral” rating in a report on Thursday, August 11th. Six research analysts have rated the stock with a sell rating, ten have issued a hold rating and ten have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of €29.70 ($31.94).
Salzgitter AG (ETR:SZG) opened at 30.065 on Wednesday. The stock’s market capitalization is €1.63 billion. The stock has a 50 day moving average price of €29.64 and a 200 day moving average price of €27.88. Salzgitter AG has a 12 month low of €16.90 and a 12 month high of €32.40.
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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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