UBS Group Upgrades SALZGITTER AG/ADR (SZGPY) to Neutral

UBS Group upgraded shares of SALZGITTER AG/ADR (OTCMKTS:SZGPY) from a sell rating to a neutral rating in a research note released on Monday morning, reports.

Separately, Zacks Investment Research raised shares of SALZGITTER AG/ADR from a sell rating to a hold rating in a research note on Wednesday, September 12th.

SZGPY stock opened at $3.61 on Monday. SALZGITTER AG/ADR has a 52-week low of $3.51 and a 52-week high of $6.17.


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.

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