Suedzucker (ETR:SZU) received a €27.00 ($32.14) price objective from equities researchers at Commerzbank in a research note issued to investors on Thursday. The firm presently has a “buy” rating on the stock. Commerzbank’s target price suggests a potential upside of 63.98% from the company’s current price.
A number of other equities research analysts have also weighed in on the stock. Kepler Capital Markets set a €16.00 ($19.05) price objective on shares of Suedzucker and gave the company a “sell” rating in a report on Monday, January 8th. Warburg Research set a €18.50 ($22.02) price objective on shares of Suedzucker and gave the company a “neutral” rating in a report on Tuesday, November 28th. Goldman Sachs Group set a €17.00 ($20.24) price objective on shares of Suedzucker and gave the company a “neutral” rating in a report on Friday, November 3rd. Berenberg Bank set a €18.30 ($21.79) price objective on shares of Suedzucker and gave the company a “neutral” rating in a report on Tuesday, October 17th. Finally, equinet set a €15.50 ($18.45) price objective on shares of Suedzucker and gave the company a “sell” rating in a report on Monday, October 16th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of €19.45 ($23.15).
Shares of Suedzucker (ETR:SZU) traded down €0.30 ($0.36) on Thursday, hitting €16.47 ($19.60). 1,545,757 shares of the stock were exchanged, compared to its average volume of 644,306. Suedzucker has a fifty-two week low of €16.47 ($19.61) and a fifty-two week high of €25.39 ($30.23). The firm has a market cap of $3,360.00 and a price-to-earnings ratio of 14.32.
COPYRIGHT VIOLATION WARNING: This story was first published by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are accessing this story on another website, it was copied illegally and reposted in violation of United States and international copyright and trademark law. The correct version of this story can be accessed at https://www.dispatchtribunal.com/2018/01/13/suedzucker-szu-pt-set-at-27-00-by-commerzbank.html.
Suedzucker Company Profile
Südzucker AG supplies sugar products in Europe and internationally. It operates through four segments: Sugar, Special Products, CropEnergies, and Fruit. The Sugar segment produces and sells sugar, sugary specialty products, animal feed and, fertilizers to food industry, retailers, and agriculture market.
Receive News & Ratings for Suedzucker Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Suedzucker and related companies with MarketBeat.com's FREE daily email newsletter.