Royal Bank Of Canada set a €39.00 ($45.88) price target on Salzgitter AG (ETR:SZG) in a research note released on Tuesday. The brokerage currently has a neutral rating on the stock.

Other equities analysts have also issued reports about the company. Goldman Sachs Group, Inc. (The) set a €37.00 ($43.53) price objective on Salzgitter AG and gave the stock a buy rating in a research note on Wednesday, May 3rd. Deutsche Bank AG set a €42.00 ($49.41) price objective on Salzgitter AG and gave the stock a buy rating in a research note on Wednesday, April 19th. Berenberg Bank set a €42.00 ($49.41) price objective on Salzgitter AG and gave the stock a buy rating in a research note on Thursday, April 20th. Kepler Capital Markets set a €45.00 ($52.94) price objective on Salzgitter AG and gave the stock a buy rating in a research note on Wednesday, May 3rd. Finally, Nord/LB set a €43.00 ($50.59) price objective on Salzgitter AG and gave the stock a buy rating in a research note on Friday, May 5th. Five equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and four have issued a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and an average price target of €38.24 ($44.99).

Shares of Salzgitter AG (ETR:SZG) opened at 36.471 on Tuesday. The stock has a 50 day moving average price of €37.52 and a 200-day moving average price of €35.04. Salzgitter AG has a 52 week low of €26.12 and a 52 week high of €39.49. The company has a market capitalization of €1.97 billion and a PE ratio of 19.195.

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About Salzgitter AG

Salzgitter Aktiengesellschaft, through its subsidiaries, engages in steel and technology businesses worldwide. It operates through Strip Steel, Plate/Section Steel, Mannesmann, Trading, and Technology business units. The Strip Steel business unit manufactures branded and special steels, such as hot-rolled strip steel, cold-rolled steel, sections, tailored blanks, and components for the construction industry.

Analyst Recommendations for Salzgitter AG (ETR:SZG)

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