Independent Research Reiterates €18.00 Price Target for Suedzucker (SZU)

Independent Research set a €18.00 ($21.43) price target on Suedzucker (ETR:SZU) in a research report released on Thursday. The firm currently has a neutral rating on the stock.

Several other analysts have also weighed in on the stock. Commerzbank set a €27.00 ($32.14) price objective on shares of Suedzucker and gave the company a buy rating in a research note on Thursday. Kepler Capital Markets set a €16.00 ($19.05) price objective on shares of Suedzucker and gave the company a sell rating in a research note 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 research note 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 research note on Friday, November 3rd. Finally, Berenberg Bank set a €18.30 ($21.79) price objective on shares of Suedzucker and gave the company a neutral rating in a research note on Tuesday, October 17th. Two analysts have rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the stock. The company presently has an average rating of Hold and a consensus price target of €19.45 ($23.15).

Shares of Suedzucker (ETR:SZU) opened at €16.47 ($19.60) on Thursday. The firm has a market cap of $3,360.00 and a price-to-earnings ratio of 14.32. Suedzucker has a one year low of €16.47 ($19.61) and a one year high of €25.39 ($30.23).

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About Suedzucker

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.

Analyst Recommendations for Suedzucker (ETR:SZU)

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