Suedzucker (ETR:SZU) received a €10.00 ($11.63) price target from research analysts at Independent Research in a research note issued to investors on Thursday. The firm currently has a “sell” rating on the stock. Independent Research’s target price suggests a potential downside of 23.25% from the company’s current price.
Several other equities research analysts also recently commented on SZU. Commerzbank set a €22.00 ($25.58) target price on shares of Suedzucker and gave the company a “buy” rating in a research note on Thursday. Goldman Sachs Group set a €9.00 ($10.47) target price on shares of Suedzucker and gave the company a “sell” rating in a research note on Thursday. Berenberg Bank set a €10.00 ($11.63) target price on shares of Suedzucker and gave the company a “sell” rating in a research note on Friday, September 14th. Kepler Capital Markets set a €11.50 ($13.37) target price on shares of Suedzucker and gave the company a “sell” rating in a research note on Monday, September 17th. Finally, DZ Bank reaffirmed a “neutral” rating on shares of Suedzucker in a research note on Thursday, September 20th. Six investment analysts have rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of €13.50 ($15.69).
Shares of ETR:SZU opened at €13.03 ($15.15) on Thursday. Suedzucker has a 52 week low of €14.59 ($16.97) and a 52 week high of €23.97 ($27.87).
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.
Featured Story: The benefits and drawbacks of dollar cost averaging
Receive News & Ratings for Suedzucker Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Suedzucker and related companies with MarketBeat.com's FREE daily email newsletter.