JPMorgan Chase & Co. set a €28.00 ($31.11) target price on Salzgitter AG (ETR:SZG) in a research note issued to investors on Thursday morning. The brokerage currently has a a neutral rating on the stock.

Other analysts have also issued research reports about the stock. Berenberg Bank set a €41.00 ($45.56) target price on shares of Salzgitter AG and gave the company a buy rating in a research report on Wednesday, August 10th. Independent Research GmbH set a €22.00 ($24.44) target price on shares of Salzgitter AG and gave the company a sell rating in a research report on Wednesday, June 29th. Deutsche Bank AG set a €41.00 ($45.56) target price on shares of Salzgitter AG and gave the company a buy rating in a research report on Wednesday, August 3rd. Commerzbank AG set a €22.00 ($24.44) target price on shares of Salzgitter AG and gave the company a sell rating in a research report on Wednesday, August 10th. Finally, Goldman Sachs Group Inc. set a €22.00 ($24.44) target price on shares of Salzgitter AG and gave the company a sell rating in a research report on Wednesday, July 13th. Six investment analysts have rated the stock with a sell rating, ten have given a hold rating and ten have given a buy rating to the stock. The company has a consensus rating of Hold and an average price target of €29.48 ($32.76).

Salzgitter AG (ETR:SZG) opened at 27.685 on Thursday. The firm’s market capitalization is €1.50 billion. The company has a 50-day moving average of €28.32 and a 200-day moving average of €26.76. Salzgitter AG has a 52 week low of €16.90 and a 52 week high of €30.63.

Salzgitter AG Company Profile

Salzgitter AG is a Germany-based holding company for a group of more than 200 domestic and international subsidiaries active in the steel technology industry. The Company operates through five divisions. The Steel division manufactures flat steel and profiles, plates, sheet piling, components for roofing and cladding, blanks and tailored blanks for a variety of applications.

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