Kepler Capital Markets Reiterates “€9.00” Price Target for SGL Carbon (SGL)

SGL Carbon (ETR:SGL) has been assigned a €9.00 ($10.47) price target by stock analysts at Kepler Capital Markets in a report released on Thursday. The firm currently has a “neutral” rating on the stock. Kepler Capital Markets’ target price points to a potential upside of 24.31% from the stock’s current price.

Several other equities research analysts have also recently commented on the stock. Commerzbank set a €9.00 ($10.47) price target on shares of SGL Carbon and gave the stock a “sell” rating in a research report on Thursday. Cfra set a €11.50 ($13.37) price target on shares of SGL Carbon and gave the stock a “buy” rating in a research report on Wednesday, November 7th. Societe Generale set a €14.50 ($16.86) price target on shares of SGL Carbon and gave the stock a “buy” rating in a research report on Tuesday, November 6th. Baader Bank set a €12.00 ($13.95) price objective on shares of SGL Carbon and gave the stock a “neutral” rating in a research note on Tuesday, November 6th. Finally, Berenberg Bank set a €13.50 ($15.70) price objective on shares of SGL Carbon and gave the stock a “buy” rating in a research note on Wednesday, August 8th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of €11.58 ($13.46).

Shares of ETR:SGL opened at €7.24 ($8.42) on Thursday. SGL Carbon has a one year low of €8.09 ($9.41) and a one year high of €14.70 ($17.09).

About SGL Carbon

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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