Suedzucker (ETR:SZU) Given Sell Rating at DZ Bank

DZ Bank reaffirmed their sell rating on shares of Suedzucker (ETR:SZU) in a report released on Friday morning, Borsen Zeitung reports.

A number of other research firms have also commented on SZU. Goldman Sachs Group upgraded shares of Altria Group from a neutral rating to a buy rating and set a $59.00 price target for the company in a report on Thursday. Nord/LB set a €25.50 ($29.65) price objective on shares of Uniper and gave the company a neutral rating in a research report on Friday, June 21st. Deutsche Bank restated a buy rating and set a GBX 3,400 ($44.43) target price on shares of in a research note on Tuesday, July 9th. Warburg Research set a €16.70 ($19.42) price objective on shares of Suedzucker and gave the stock a neutral rating in a research note on Friday. Finally, Independent Research set a €11.70 ($13.60) target price on shares of Nordex and gave the stock a sell rating in a report on Wednesday, May 22nd. Two analysts have rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the company. The stock presently has a consensus rating of Hold and an average target price of €15.60 ($18.14).

Shares of ETR:SZU opened at €14.82 ($17.23) on Friday. The company’s 50 day moving average price is €14.43. The stock has a market capitalization of $3.03 billion and a PE ratio of -3.58. Suedzucker has a 12 month low of €10.85 ($12.62) and a 12 month high of €16.20 ($18.84). The company has a current ratio of 2.10, a quick ratio of 0.95 and a debt-to-equity ratio of 40.50.

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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Analyst Recommendations for Suedzucker (ETR:SZU)

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