Berenberg Bank set a €9.00 ($10.47) price target on Suedzucker (ETR:SZU) in a research note published on Friday morning. The firm currently has a sell rating on the stock.
A number of other equities analysts have also recently issued reports on the stock. Deutsche Bank set a €13.50 ($15.70) price objective on shares of Suedzucker and gave the company a neutral rating in a research note on Friday. DZ Bank restated a neutral rating on shares of Suedzucker in a research note on Thursday. Independent Research set a €10.50 ($12.21) price objective on shares of Suedzucker and gave the company a sell rating in a research note on Thursday. Kepler Capital Markets set a €10.75 ($12.50) price objective on shares of Suedzucker and gave the company a sell rating in a research note on Thursday. Finally, Goldman Sachs Group set a €9.00 ($10.47) price objective on shares of Suedzucker and gave the company a sell rating in a research note on Monday, October 8th. Six equities research analysts have rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the stock. The stock currently has an average rating of Hold and a consensus price target of €13.47 ($15.66).
Shares of SZU stock traded down €0.09 ($0.10) during mid-day trading on Friday, reaching €12.84 ($14.93). The company’s stock had a trading volume of 636,976 shares, compared to its average volume of 410,903. Suedzucker has a 1-year low of €14.59 ($16.97) and a 1-year high of €23.97 ($27.87).
Suedzucker Company Profile
Südzucker AG supplies sugar products in Europe and internationally. It operates through four segments: Sugar, Special Products, CropEnergies, and Fruit. The Sugar segment produces and sells sugar, sugary specialty products, animal feed and, fertilizers to food industry, retailers, and agriculture market.
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