Salzgitter AG (SZG) PT Set at €39.00 by Royal Bank Of Canada

Salzgitter AG (ETR:SZG) has been assigned a €39.00 ($45.88) price objective by stock analysts at Royal Bank Of Canada in a report issued on Monday, July 24th. The brokerage presently has a “neutral” rating on the stock.

Other equities analysts have also recently issued reports about the stock. Berenberg Bank set a €42.00 ($49.41) price objective on shares of Salzgitter AG and gave the stock a “buy” rating in a research report on Thursday, March 30th. DZ Bank AG reiterated a “buy” rating on shares of Salzgitter AG in a research report on Wednesday, March 29th. Nord/LB set a €43.00 ($50.59) target price on shares of Salzgitter AG and gave the company a “buy” rating in a research report on Wednesday, March 29th. Jefferies Group LLC set a €42.00 ($49.41) target price on shares of Salzgitter AG and gave the company a “buy” rating in a research report on Wednesday, March 29th. Finally, Goldman Sachs Group, Inc. (The) set a €45.00 ($52.94) target price on shares of Salzgitter AG and gave the company a “buy” rating in a research report on Wednesday, March 29th. Five research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and four have assigned a buy rating to the company’s stock. Salzgitter AG presently has a consensus rating of “Hold” and a consensus target price of €38.24 ($44.99).

Salzgitter AG (SZG) traded up 0.09% during trading on Monday, reaching €36.63. 651 shares of the company traded hands. The company has a market capitalization of €1.98 billion and a P/E ratio of 19.28. Salzgitter AG has a 52 week low of €26.12 and a 52 week high of €39.49. The firm has a 50-day moving average price of €37.53 and a 200-day moving average price of €35.05.

TRADEMARK VIOLATION NOTICE: This article was first posted by BNB Daily and is the property of of BNB Daily. If you are accessing this article on another site, it was illegally copied and reposted in violation of United States and international copyright legislation. The legal version of this article can be read at https://www.baseball-news-blog.com/2017/08/19/salzgitter-ag-szg-given-a-39-00-price-target-by-royal-bank-of-canada-analysts-updated-updated-updated.html.

Salzgitter AG Company Profile

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)

Receive News & Ratings for Salzgitter AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Salzgitter AG and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply