SGL Carbon (SGL) Given a €12.00 Price Target at Baader Bank

SGL Carbon (ETR:SGL) has been assigned a €12.00 ($13.95) price objective by investment analysts at Baader Bank in a research report issued to clients and investors on Tuesday. The brokerage presently has a “neutral” rating on the stock. Baader Bank’s price target would suggest a potential upside of 18.46% from the stock’s previous close.

Other analysts also recently issued reports about the company. Societe Generale set a €13.50 ($15.70) price target on SGL Carbon and gave the stock a “buy” rating in a research report on Tuesday, August 7th. JPMorgan Chase & Co. set a €14.10 ($16.40) price target on SGL Carbon and gave the stock a “buy” rating in a research report on Tuesday, August 7th. Cfra set a €13.00 ($15.12) price target on SGL Carbon and gave the stock a “buy” rating in a research report on Wednesday, August 8th. Berenberg Bank set a €13.50 ($15.70) price target on SGL Carbon and gave the stock a “buy” rating in a research report on Wednesday, August 8th. Finally, Kepler Capital Markets set a €10.00 ($11.63) price target on SGL Carbon and gave the stock a “neutral” rating in a research report on Tuesday, August 7th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of €11.73 ($13.64).

Shares of SGL opened at €10.13 ($11.78) on Tuesday. SGL Carbon has a 52-week low of €8.09 ($9.41) and a 52-week 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.

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Analyst Recommendations for SGL Carbon (ETR:SGL)

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