Salzgitter AG (SZG) Given Average Rating of “Hold” by Brokerages

Shares of Salzgitter AG (ETR:SZG) have been assigned an average recommendation of “Hold” from the twenty brokerages that are presently covering the company, MarketBeat reports. Four research analysts have rated the stock with a sell rating, fourteen have given a hold rating and two have given a buy rating to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is €44.74 ($55.23).

A number of research firms recently weighed in on SZG. Deutsche Bank set a €47.00 ($58.02) price target on Salzgitter and gave the stock a “neutral” rating in a report on Friday, January 12th. Goldman Sachs set a €58.00 ($71.60) price target on Salzgitter and gave the stock a “neutral” rating in a report on Wednesday, January 24th. JPMorgan Chase & Co. set a €42.00 ($51.85) price target on Salzgitter and gave the stock a “sell” rating in a report on Thursday, January 25th. Citigroup set a €50.00 ($61.73) price target on Salzgitter and gave the stock a “neutral” rating in a report on Friday, January 26th. Finally, Independent Research set a €50.00 ($61.73) price target on Salzgitter and gave the stock a “neutral” rating in a report on Wednesday, January 31st.

How to Become a New Pot Stock Millionaire

Salzgitter (SZG) traded down €0.40 ($0.49) on Friday, hitting €41.87 ($51.69). The company had a trading volume of 247,806 shares, compared to its average volume of 273,405. The firm has a market cap of $2,540.00 and a PE ratio of 16.42. Salzgitter has a 1-year low of €29.74 ($36.72) and a 1-year high of €52.40 ($64.69).

ILLEGAL ACTIVITY WARNING: This piece of content was first published by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are viewing this piece of content on another site, it was copied illegally and reposted in violation of US and international copyright laws. The legal version of this piece of content can be read at https://www.dispatchtribunal.com/2018/04/09/salzgitter-ag-szg-given-average-rating-of-hold-by-brokerages.html.

Salzgitter Company Profile

Salzgitter Aktiengesellschaft, through its subsidiaries, engages in steel and technology businesses worldwide. It operates through Strip Steel, Plate/Section Steel, Mannesmann, Trading, and Technology business units. The Strip Steel business unit manufactures branded and special steels, such as hot-rolled strip steel, cold-rolled steel, sections, tailored blanks, and components for the construction industry.

Analyst Recommendations for Salzgitter (ETR:SZG)

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

Leave a Reply