SGL Carbon (SGL) Given a €9.00 Price Target by Bank of America Analysts

Bank of America set a €9.00 ($10.71) price target on SGL Carbon (ETR:SGL) in a report published on Tuesday. The brokerage currently has a sell rating on the stock.

A number of other equities research analysts have also recently commented on the company. Baader Bank set a €14.00 ($16.67) target price on SGL Carbon and gave the company a neutral rating in a research report on Wednesday, December 6th. Berenberg Bank set a €13.50 ($16.07) target price on SGL Carbon and gave the company a buy rating in a research report on Tuesday, December 12th. Warburg Research set a €13.00 ($15.48) target price on SGL Carbon and gave the company a neutral rating in a research report on Monday, September 11th. Kepler Capital Markets set a €7.00 ($8.33) target price on SGL Carbon and gave the company a sell rating in a research report on Friday, November 3rd. Finally, Commerzbank set a €9.00 ($10.71) target price on SGL Carbon and gave the company a sell rating in a research report on Thursday, December 14th. Three investment analysts have rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the stock. The stock presently has a consensus rating of Hold and a consensus target price of €11.89 ($14.15).

Shares of SGL Carbon (ETR:SGL) opened at €12.41 ($14.77) on Tuesday. SGL Carbon has a 12-month low of €7.83 ($9.32) and a 12-month high of €14.70 ($17.50). The company has a market capitalization of $1,520.00 and a PE ratio of -47.73.

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About SGL Carbon

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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