Shares of SGL Carbon SE (ETR:SGL) have been assigned an average rating of “Hold” from the six ratings firms that are currently covering the stock, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation and two have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is €9.61 ($10.92).

Several research analysts recently weighed in on the company. Baader Bank set a €10.50 ($11.93) target price on SGL Carbon SE and gave the company a “buy” rating in a research note on Saturday, May 20th. S&P Global set a €8.80 ($10.00) target price on SGL Carbon SE and gave the company a “sell” rating in a report on Monday, May 29th. J P Morgan Chase & Co set a €7.85 ($8.92) target price on SGL Carbon SE and gave the company a “sell” rating in a report on Monday, May 29th. Kepler Capital Markets set a €7.00 ($7.95) target price on SGL Carbon SE and gave the company a “sell” rating in a report on Monday, May 22nd. Finally, Warburg Research set a €10.00 ($11.36) target price on SGL Carbon SE and gave the company a “neutral” rating in a report on Monday, May 29th.

TRADEMARK VIOLATION WARNING: “Analysts Set SGL Carbon SE (ETR:SGL) Price Target at $9.61” was first reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this report on another publication, it was illegally copied and republished in violation of US and international copyright & trademark law. The correct version of this report can be accessed at https://www.thecerbatgem.com/2017/07/16/sgl-carbon-se-etrsgl-receives-9-61-average-price-target-from-analysts-updated.html.

Shares of SGL Carbon SE (ETR SGL) traded down 0.643% on Monday, hitting €10.967. 9,039 shares of the stock were exchanged. The stock’s market cap is €1.34 billion. The company’s 50 day moving average is €10.75 and its 200-day moving average is €9.16. SGL Carbon SE has a 52-week low of €7.80 and a 52-week high of €11.74.

About SGL Carbon SE

SGL Carbon SE, together with its subsidiaries, is a manufacturer of products and solutions based on carbon fibers and specialty graphites. The Company operates through three segments: Composites-Fibers & Materials (CFM), Graphite Materials & Systems (GMS), and T&I and Corporate. The Company serves industries, including chemicals, textile fibers, industrial applications, energy and mobility.

Analyst Recommendations for SGL Carbon SE (ETR:SGL)

Receive News & Stock Ratings for SGL Carbon SE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SGL Carbon SE and related stocks with our FREE daily email newsletter.