SGL Carbon (ETR:SGL) Given a €3.50 Price Target at Berenberg Bank

Berenberg Bank set a €3.50 ($4.07) price objective on SGL Carbon (ETR:SGL) in a research note issued to investors on Friday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

Several other equities research analysts have also issued reports on SGL. Deutsche Bank set a €5.30 ($6.16) target price on shares of SGL Carbon and gave the company a neutral rating in a research report on Thursday. Kepler Capital Markets set a €6.50 ($7.56) target price on shares of SGL Carbon and gave the company a neutral rating in a research report on Tuesday, May 7th. HSBC set a €7.00 ($8.14) target price on shares of SGL Carbon and gave the company a neutral rating in a research report on Thursday, August 8th. Finally, Baader Bank set a €3.00 ($3.49) price objective on shares of SGL Carbon and gave the stock a sell rating in a report on Thursday. Three research analysts have rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the stock. SGL Carbon presently has a consensus rating of Hold and an average price target of €7.37 ($8.57).

Shares of SGL Carbon stock opened at €3.65 ($4.24) on Friday. SGL Carbon has a 1 year low of €5.45 ($6.33) and a 1 year high of €12.00 ($13.95). The firm has a market cap of $446.29 million and a PE ratio of 130.36. The company has a debt-to-equity ratio of 109.59, a current ratio of 2.99 and a quick ratio of 1.69. The company has a 50 day simple moving average of €6.16 and a two-hundred day simple moving average of €7.08.

SGL Carbon Company Profile

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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