HSBC Reiterates “€150.00” Price Target for Sartorius (FRA:SRT3)

HSBC set a €150.00 ($174.42) price target on Sartorius (FRA:SRT3) in a report released on Friday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

Several other equities analysts have also recently issued reports on SRT3. Hauck & Aufhaeuser set a €55.00 ($63.95) price objective on shares of Cancom and gave the company a buy rating in a research note on Thursday, April 4th. Deutsche Bank boosted their price objective on shares of Bed Bath & Beyond from $15.00 to $19.00 and gave the company a hold rating in a research note on Thursday, April 11th. Warburg Research set a €17.00 ($19.77) price objective on shares of Leoni and gave the company a neutral rating in a research note on Wednesday, May 15th. UBS Group set a $54.00 price objective on shares of Westlake Chemical and gave the company a sell rating in a research note on Tuesday, July 2nd. Finally, Nord/LB set a €115.00 ($133.72) price objective on shares of Sartorius and gave the company a sell rating in a research note on Tuesday, April 23rd. Five investment analysts have rated the stock with a sell rating and four have assigned a hold rating to the company’s stock. The stock currently has a consensus rating of Sell and a consensus target price of €137.94 ($160.40).

Shares of SRT3 opened at €184.60 ($214.65) on Friday. The firm has a fifty day moving average price of €178.22. Sartorius has a 1 year low of €71.00 ($82.56) and a 1 year high of €124.70 ($145.00).

Sartorius Company Profile

Sartorius Aktiengesellschaft supplies pharmaceutical and laboratory equipment worldwide. It operates in two divisions, Bioprocess Solutions, and Lab Products & Services. The company offers products for suspension cell analysis and live-cell analysis inside incubator for oncology, immuno-oncology, antibody discovery, neuroscience, and stem cell research; cell culture media, including antibody and recombinant protein, viral vaccines, and regenerative medicine media, as well as general media and downstream buffers; and multi-parallel, single-use, benchtop, stainless steel, microbial, and cell culture bioreactors, as well as cell culture expansion systems and software applications for bioreactors.

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Analyst Recommendations for Sartorius (FRA:SRT3)

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