Berenberg Bank set a €13.50 ($16.67) price target on SGL Carbon (ETR:SGL) in a research note released on Thursday, March 15th. The brokerage currently has a buy rating on the stock.
Several other research analysts have also recently weighed in on the company. Baader Bank set a €14.00 ($17.28) target price on SGL Carbon and gave the company a neutral rating in a research note on Wednesday, December 6th. Bank of America set a €9.00 ($11.11) target price on SGL Carbon and gave the company a sell rating in a research note on Tuesday, January 9th. Commerzbank set a €9.00 ($11.11) target price on SGL Carbon and gave the company a sell rating in a research note on Thursday, December 14th. Kepler Capital Markets set a €7.00 ($8.64) target price on SGL Carbon and gave the company a sell rating in a research note on Monday, November 27th. Finally, Societe Generale set a €15.00 ($18.52) target price on SGL Carbon and gave the company a buy rating in a research note on Monday, November 27th. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the company. The company currently has a consensus rating of Hold and an average price target of €12.16 ($15.01).
Shares of ETR:SGL traded down €0.10 ($0.12) on Thursday, hitting €10.92 ($13.48). The company’s stock had a trading volume of 131,137 shares, compared to its average volume of 248,478. SGL Carbon has a 12 month low of €8.09 ($9.99) and a 12 month high of €14.70 ($18.15).
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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.
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