Salzgitter (SZG) Given a €42.00 Price Target by Credit Suisse Group Analysts

Credit Suisse Group set a €42.00 ($48.84) price target on Salzgitter (ETR:SZG) in a report published on Thursday. The firm currently has a sell rating on the stock.

Several other research firms have also commented on SZG. Deutsche Bank set a €49.00 ($56.98) price objective on Salzgitter and gave the stock a neutral rating in a research note on Wednesday, May 16th. Independent Research set a €49.00 ($56.98) price objective on Salzgitter and gave the stock a neutral rating in a research note on Friday, May 18th. UBS Group set a €42.00 ($48.84) price objective on Salzgitter and gave the stock a neutral rating in a research note on Wednesday, March 21st. Goldman Sachs Group set a €49.50 ($57.56) price objective on Salzgitter and gave the stock a neutral rating in a research note on Wednesday, April 18th. Finally, Citigroup set a €50.00 ($58.14) price objective on Salzgitter and gave the stock a neutral rating in a research note on Wednesday, May 16th. Five investment analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and two have issued a buy rating to the stock. Salzgitter has a consensus rating of Hold and a consensus price target of €43.68 ($50.78).

Salzgitter opened at €43.97 ($51.13) on Thursday, MarketBeat Ratings reports. Salzgitter has a 52 week low of €29.74 ($34.58) and a 52 week high of €52.40 ($60.93).

Salzgitter Company Profile

Salzgitter Aktiengesellschaft, together with its subsidiaries, engages in steel and technology businesses worldwide. It operates through five segments: Strip Steel, Plate/Section Steel, Mannesmann, Trading, and Technology. The Strip Steel segment manufactures branded and special steels, such as hot-rolled strip steel and steel sheets, sections, tailored blanks, and components for the construction industry.

Analyst Recommendations for Salzgitter (ETR:SZG)

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