SGL Carbon (ETR:SGL) Given a €4.20 Price Target at Berenberg Bank

Berenberg Bank set a €4.20 ($4.88) price target on SGL Carbon (ETR:SGL) in a report published on Tuesday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

A number of other research analysts have also recently commented on the company. Baader Bank set a €3.00 ($3.49) price target on SGL Carbon and gave the stock a sell rating in a research report on Friday, October 25th. Deutsche Bank set a €5.30 ($6.16) price target on SGL Carbon and gave the stock a neutral rating in a research report on Thursday, August 15th. HSBC set a €4.00 ($4.65) price target on SGL Carbon and gave the stock a neutral rating in a research report on Wednesday, October 30th. Finally, Kepler Capital Markets set a €3.00 ($3.49) price target on SGL Carbon and gave the stock a sell rating in a research report on Wednesday, October 30th. Four research analysts have rated the stock with a sell rating and three have issued a hold rating to the company. SGL Carbon presently has a consensus rating of Sell and an average price target of €4.93 ($5.73).

Shares of ETR SGL traded up €0.06 ($0.07) during mid-day trading on Tuesday, reaching €4.80 ($5.58). The company had a trading volume of 165,448 shares, compared to its average volume of 248,478. The company has a debt-to-equity ratio of 96.57, a quick ratio of 1.72 and a current ratio of 3.02. SGL Carbon has a one year low of €3.57 ($4.15) and a one year high of €9.39 ($10.92). The firm has a market cap of $580.79 million and a price-to-earnings ratio of -7.24. The business’s 50-day simple moving average is €4.43 and its 200 day simple moving average is €5.84.

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.

Read More: Percentage Gainers

Analyst Recommendations for SGL Carbon (ETR:SGL)

Receive News & Ratings for SGL Carbon Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SGL Carbon and related companies with MarketBeat.com's FREE daily email newsletter.