Deutsche Bank set a €47.00 ($55.95) target price on Salzgitter (ETR:SZG) in a report published on Friday. The brokerage currently has a neutral rating on the stock.

A number of other brokerages also recently commented on SZG. Morgan Stanley set a €35.00 ($41.67) target price on Salzgitter and gave the company a neutral rating in a research note on Wednesday, October 25th. Jefferies Group set a €42.00 ($50.00) target price on Salzgitter and gave the company a neutral rating in a research note on Wednesday, October 25th. Warburg Research set a €41.00 ($48.81) target price on Salzgitter and gave the company a neutral rating in a research note on Wednesday, October 25th. DZ Bank restated a neutral rating on shares of Salzgitter in a research note on Tuesday, November 14th. Finally, Kepler Capital Markets set a €50.00 ($59.52) target price on Salzgitter and gave the company a buy rating in a research note on Monday, December 18th. Four analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and three have issued a buy rating to the stock. The stock presently has a consensus rating of Hold and a consensus price target of €41.18 ($49.02).

Salzgitter (SZG) opened at €50.64 ($60.29) on Friday. Salzgitter has a 52 week low of €29.74 ($35.40) and a 52 week high of €52.40 ($62.38). The company has a market capitalization of $3,040.00 and a PE ratio of 19.86.

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Salzgitter Company Profile

Salzgitter Aktiengesellschaft, through its subsidiaries, engages in steel and technology businesses worldwide. It operates through Strip Steel, Plate/Section Steel, Mannesmann, Trading, and Technology business units. The Strip Steel business unit manufactures branded and special steels, such as hot-rolled strip steel, cold-rolled steel, sections, tailored blanks, and components for the construction industry.

Analyst Recommendations for Salzgitter (ETR:SZG)

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