Salzgitter AG (SZG) PT Set at €41.00 by Warburg Research

Salzgitter AG (ETR:SZG) has been assigned a €41.00 ($48.24) target price by stock analysts at Warburg Research in a research note issued to investors on Wednesday. The brokerage presently has a “neutral” rating on the stock.

Several other equities analysts also recently commented on SZG. Commerzbank Ag set a €38.00 ($44.71) price objective on shares of Salzgitter AG and gave the company a “neutral” rating in a report on Thursday, August 10th. S&P Global set a €40.00 ($47.06) price objective on shares of Salzgitter AG and gave the company a “neutral” rating in a report on Friday, August 11th. Royal Bank Of Canada set a €39.00 ($45.88) price objective on shares of Salzgitter AG and gave the company a “neutral” rating in a report on Tuesday, August 15th. Goldman Sachs Group, Inc. (The) set a €41.00 ($48.24) price objective on shares of Salzgitter AG and gave the company a “neutral” rating in a report on Thursday, August 10th. Finally, Berenberg Bank set a €48.00 ($56.47) price objective on shares of Salzgitter AG and gave the company a “buy” rating in a report on Thursday, August 10th. Four research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and four have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of €39.33 ($46.27).

Shares of Salzgitter AG (ETR:SZG) opened at 41.753 on Wednesday. The company has a market capitalization of €2.26 billion and a P/E ratio of 21.975. The firm has a 50-day moving average of €38.99 and a 200-day moving average of €36.05. Salzgitter AG has a one year low of €26.12 and a one year high of €43.67.

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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)

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