SGL Carbon (ETR:SGL) Given a €15.00 Price Target at Societe Generale

SGL Carbon (ETR:SGL) received a €15.00 ($18.52) target price from equities research analysts at Societe Generale in a research report issued on Wednesday, March 14th. The brokerage currently has a “buy” rating on the stock. Societe Generale’s price objective points to a potential upside of 37.36% from the company’s current price.

Other equities analysts also recently issued research reports about the company. JPMorgan Chase set a €14.10 ($17.41) target price on SGL Carbon and gave the company a “buy” rating in a research report on Wednesday, March 14th. Berenberg Bank set a €13.50 ($16.67) target price on SGL Carbon and gave the company a “buy” rating in a research report on Tuesday, December 12th. Baader Bank set a €14.00 ($17.28) target price on SGL Carbon and gave the company a “neutral” rating in a research report on Wednesday, December 6th. Kepler Capital Markets set a €7.00 ($8.64) target price on SGL Carbon and gave the company a “sell” rating in a research report on Wednesday, March 14th. Finally, Commerzbank set a €9.00 ($11.11) target price on SGL Carbon and gave the company a “sell” rating in a research report on Friday, March 9th. Three analysts have rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of €12.16 ($15.01).

How to Become a New Pot Stock Millionaire

SGL traded down €0.10 ($0.12) during trading on Wednesday, 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 twelve month low of €8.09 ($9.99) and a twelve month high of €14.70 ($18.15).

ILLEGAL ACTIVITY NOTICE: “SGL Carbon (ETR:SGL) Given a €15.00 Price Target at Societe Generale” was reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this piece on another domain, it was copied illegally and republished in violation of United States & international copyright & trademark law. The correct version of this piece can be accessed at https://www.dispatchtribunal.com/2018/04/08/societe-generale-reiterates-15-00-price-target-for-sgl-carbon-sgl.html.

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)

Receive News & Ratings for SGL Carbon Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SGL Carbon and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply