Salzgitter (SZG) Given a €48.00 Price Target by Nord/LB Analysts

Nord/LB set a €48.00 ($54.55) price objective on Salzgitter (ETR:SZG) in a research note published on Tuesday morning. The brokerage currently has a buy rating on the stock.

Several other equities research analysts have also commented on SZG. JPMorgan Chase & Co. set a €37.50 ($42.61) price target on shares of Salzgitter and gave the stock a sell rating in a research note on Tuesday, May 15th. Deutsche Bank reiterated a buy rating on shares of Salzgitter in a research note on Friday, July 20th. Jefferies Financial Group set a €43.00 ($48.86) price target on shares of Salzgitter and gave the stock a neutral rating in a research note on Monday, July 16th. Cfra set a €40.00 ($45.45) price target on shares of Salzgitter and gave the stock a neutral rating in a research note on Tuesday. Finally, UBS Group set a €37.00 ($42.05) price target on shares of Salzgitter and gave the stock a sell rating in a research note on Thursday, June 7th. Seven equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and three have assigned a buy rating to the stock. The company has a consensus rating of Hold and an average target price of €42.33 ($48.11).

Salzgitter stock opened at €38.25 ($43.47) on Tuesday. Salzgitter has a 12-month low of €29.74 ($33.80) and a 12-month high of €52.40 ($59.55).

Salzgitter Company Profile

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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Analyst Recommendations for Salzgitter (ETR:SZG)

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