Baader Bank set a €9.00 ($10.47) price objective on SGL Carbon (ETR:SGL) in a research note issued to investors on Tuesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
SGL has been the topic of a number of other research reports. Deutsche Bank set a €7.00 ($8.14) target price on SGL Carbon and gave the company a neutral rating in a research report on Thursday, March 28th. Kepler Capital Markets set a €6.50 ($7.56) target price on SGL Carbon and gave the company a neutral rating in a research report on Wednesday, March 6th. Finally, Bank of America set a €6.00 ($6.98) target price on SGL Carbon and gave the company a sell rating in a research report on Tuesday, January 8th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and five have assigned a buy rating to the company’s stock. The stock has a consensus rating of Hold and a consensus target price of €10.18 ($11.83).
ETR:SGL opened at €7.45 ($8.66) on Tuesday. The company has a debt-to-equity ratio of 76.64, a quick ratio of 1.71 and a current ratio of 3.04. The stock has a market capitalization of $910.31 million and a P/E ratio of 22.16. SGL Carbon has a 52-week low of €5.90 ($6.86) and a 52-week high of €12.07 ($14.03).
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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