SGL Carbon (SGL) PT Set at €14.00 by Baader Bank

SGL Carbon (ETR:SGL) has been assigned a €14.00 ($16.67) price objective by Baader Bank in a report released on Wednesday. The firm currently has a “neutral” rating on the stock. Baader Bank’s target price points to a potential upside of 28.26% from the stock’s previous close.

A number of other equities research analysts also recently weighed in on SGL. Commerzbank set a €12.00 ($14.29) price target on shares of SGL Carbon and gave the company a “neutral” rating in a research note on Wednesday, August 9th. Kepler Capital Markets set a €7.00 ($8.33) price target on shares of SGL Carbon and gave the company a “sell” rating in a research note on Wednesday, August 9th. S&P Global set a €11.50 ($13.69) price target on shares of SGL Carbon and gave the company a “neutral” rating in a research note on Friday, August 11th. Societe Generale set a €12.00 ($14.29) price target on shares of SGL Carbon and gave the company a “buy” rating in a research note on Friday, August 11th. Finally, J P Morgan Chase & Co set a €13.50 ($16.07) price target on shares of SGL Carbon and gave the company a “buy” rating in a research note on Monday, August 28th. One analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of €12.50 ($14.88).

SGL Carbon (ETR:SGL) opened at €10.92 ($12.99) on Wednesday. SGL Carbon has a 1-year low of €7.78 ($9.26) and a 1-year high of €14.68 ($17.48).

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SGL Carbon Company Profile

SGL Carbon SE, together with its subsidiaries, manufactures and sells carbon and graphite products in Germany, the Asia Pacific/Middle East, rest of Europe, and North America. The company operates through two segments, Composites-Fibers & Materials; and Graphite Materials & Systems. It provides process solutions for the chemical and related industries; and equipment solutions, such as graphite and silicon carbide heat exchangers, special heat exchangers, quenchers, pumps, rupture disks, piping products, expansion joints/bellows, dip and intel pipes, liners and lining services, and supplementary components, as well as columns, reactors, and vessels.

Analyst Recommendations for SGL Carbon (ETR:SGL)

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