DZ Bank AG reaffirmed their neutral rating on shares of Salzgitter AG (ETR:SZG) in a report published on Tuesday morning.

Several other research firms have also commented on SZG. Morgan Stanley set a €35.00 ($40.70) price objective on shares of Salzgitter AG and gave the stock a neutral rating in a research report on Wednesday, October 25th. Jefferies Group LLC set a €42.00 ($48.84) price objective on shares of Salzgitter AG and gave the stock a neutral rating in a research report on Wednesday, October 25th. Citigroup Inc. set a €40.00 ($46.51) price objective on shares of Salzgitter AG and gave the stock a neutral rating in a research report on Monday, August 14th. Warburg Research set a €41.00 ($47.67) price objective on shares of Salzgitter AG and gave the stock a neutral rating in a research report on Wednesday, October 25th. Finally, Berenberg Bank set a €48.00 ($55.81) price objective on shares of Salzgitter AG and gave the stock a buy rating in a research report on Friday, July 28th. Three investment analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and four have issued a buy rating to the stock. Salzgitter AG presently has an average rating of Hold and an average price target of €40.85 ($47.50).

Salzgitter AG (SZG) opened at €42.56 ($49.48) on Tuesday. Salzgitter AG has a 12 month low of €28.40 ($33.02) and a 12 month high of €44.28 ($51.49).

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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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