SGL Carbon SE (SGL) Receives Average Recommendation of “Hold” from Brokerages

SGL Carbon SE (ETR:SGL) has received an average rating of “Hold” from the nine analysts that are currently covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a sell recommendation, two have issued a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is €10.12 ($11.77).

Several equities research analysts have recently issued reports on SGL shares. Commerzbank set a €9.00 ($10.47) price objective on SGL Carbon and gave the company a “sell” rating in a research note on Thursday, December 6th. Kepler Capital Markets set a €9.00 ($10.47) price objective on SGL Carbon and gave the company a “neutral” rating in a research note on Thursday, December 6th. Baader Bank set a €12.00 ($13.95) price target on SGL Carbon and gave the stock a “neutral” rating in a research note on Friday, December 7th. Deutsche Bank set a €7.00 ($8.14) price target on SGL Carbon and gave the stock a “neutral” rating in a research note on Tuesday, December 18th. Finally, Bank of America set a €6.00 ($6.98) price target on SGL Carbon and gave the stock a “sell” rating in a research note on Tuesday, January 8th.

ETR:SGL opened at €7.19 ($8.36) on Thursday. The company has a market capitalization of $879.13 million and a PE ratio of 4.85. SGL Carbon has a 1 year low of €5.90 ($6.86) and a 1 year high of €12.58 ($14.63). The company has a debt-to-equity ratio of 79.30, a current ratio of 3.00 and a quick ratio of 1.86.

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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Analyst Recommendations for SGL Carbon (ETR:SGL)

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