Brokerages Set SGL Carbon SE (SGL) Target Price at $12.36

Shares of SGL Carbon SE (ETR:SGL) have been assigned a consensus rating of “Hold” from the ten research firms that are covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is €12.36 ($14.37).

A number of equities analysts have recently commented on SGL shares. Commerzbank set a €9.00 ($10.47) price target on shares of SGL Carbon and gave the stock a “sell” rating in a report on Friday, March 9th. Societe Generale set a €15.00 ($17.44) price target on shares of SGL Carbon and gave the stock a “buy” rating in a report on Wednesday, March 14th. JPMorgan Chase & Co. set a €14.10 ($16.40) price target on shares of SGL Carbon and gave the stock a “buy” rating in a report on Wednesday, March 14th. Berenberg Bank set a €13.50 ($15.70) price target on shares of SGL Carbon and gave the stock a “buy” rating in a report on Thursday, May 24th. Finally, Kepler Capital Markets set a €10.00 ($11.63) price target on shares of SGL Carbon and gave the stock a “neutral” rating in a report on Friday, June 15th.

SGL traded down €0.20 ($0.23) during trading on Monday, reaching €9.97 ($11.59). 48,869 shares of the stock were exchanged, compared to its average volume of 248,478. SGL Carbon has a 1 year low of €8.09 ($9.41) and a 1 year high of €14.70 ($17.09).

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.

Analyst Recommendations for SGL Carbon (ETR:SGL)

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