Deutsche Bank Reiterates “€14.50” Price Target for Suedzucker (ETR:SZU)
Deutsche Bank set a €14.50 ($16.86) price objective on Suedzucker (ETR:SZU) in a report released on Tuesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
A number of other equities analysts also recently issued reports on SZU. DZ Bank reiterated a neutral rating on shares of Bechtle in a research note on Tuesday, May 21st. Kepler Capital Markets set a €49.00 ($56.98) target price on Duerr and gave the stock a buy rating in a research note on Friday, May 17th. Independent Research set a €11.70 ($13.60) target price on Nordex and gave the stock a sell rating in a research note on Wednesday, May 22nd. Warburg Research set a €16.70 ($19.42) target price on Suedzucker and gave the stock a buy rating in a research note on Tuesday, June 11th. Finally, Goldman Sachs Group set a €28.60 ($33.26) target price on Hapag-Lloyd and gave the stock a neutral rating in a research note on Thursday, May 16th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the stock. The company has a consensus rating of Hold and an average target price of €15.43 ($17.95).
Suedzucker stock opened at €15.09 ($17.55) on Tuesday. The stock has a market cap of $3.08 billion and a price-to-earnings ratio of -3.65. The company has a quick ratio of 0.95, a current ratio of 2.10 and a debt-to-equity ratio of 40.50. Suedzucker has a 52 week low of €10.85 ($12.62) and a 52 week high of €16.20 ($18.84). The stock has a 50-day simple moving average of €14.40.
Südzucker AG supplies sugar products in Europe and internationally. It operates through four segments: Sugar, Special Products, CropEnergies, and Fruit. The Sugar segment produces and sells sugar, sugary specialty products, animal feed and, fertilizers to food industry, retailers, and agriculture market.
Featured Story: What is a Call Option?
Receive News & Ratings for Suedzucker Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Suedzucker and related companies with MarketBeat.com's FREE daily email newsletter.