Cfra set a €13.00 ($15.48) price target on SGL Carbon (ETR:SGL) in a report released on Friday. The brokerage currently has a buy rating on the stock.
SGL has been the subject of several other research reports. Commerzbank set a €9.00 ($10.71) price target on SGL Carbon and gave the stock a sell rating in a report on Thursday, March 15th. Kepler Capital Markets set a €8.00 ($9.52) price target on SGL Carbon and gave the stock a sell rating in a report on Wednesday, April 25th. Berenberg Bank set a €13.50 ($16.07) price target on SGL Carbon and gave the stock a buy rating in a report on Thursday, March 15th. JPMorgan Chase reaffirmed a buy rating on shares of SGL Carbon in a report on Thursday, April 26th. Finally, Baader Bank set a €14.00 ($16.67) target price on SGL Carbon and gave the stock a neutral rating in a report on Wednesday, April 25th. Three investment analysts have rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the stock. SGL Carbon presently has a consensus rating of Hold and an average target price of €12.16 ($14.48).
SGL stock traded down €0.15 ($0.18) during trading on Friday, reaching €10.80 ($12.86). 168,603 shares of the company traded hands, compared to its average volume of 248,478. SGL Carbon has a 12 month low of €8.09 ($9.63) and a 12 month high of €14.70 ($17.50).
SGL Carbon Company Profile
SGL Carbon SE manufactures and sells carbon and graphite products in Europe, Asia, Africa, Australia, and Latin and North America. The company operates in two business units, Composites-Fibers & Materials; and Graphite Materials & Systems. It provides process solutions for chemical and related industries; and equipment solutions, such as heat exchangers, quenchers, pumps, rupture disks, piping products, expansion joints/bellows, dip and intel pipes, liners and lining services, and other components, as well as columns, reactors, and vessels.
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