Nord/LB set a €47.00 ($54.65) price objective on Salzgitter AG (ETR:SZG) in a research report sent to investors on Tuesday morning. The brokerage currently has a buy rating on the stock.

Several other equities analysts also recently commented on SZG. Morgan Stanley set a €35.00 ($40.70) target price on Salzgitter AG and gave the stock a neutral rating in a research report on Thursday, November 9th. Citigroup Inc. restated a neutral rating on shares of Salzgitter AG in a research report on Thursday, November 9th. Independent Research GmbH set a €43.00 ($50.00) target price on Salzgitter AG and gave the stock a neutral rating in a research report on Friday, November 10th. Commerzbank Ag set a €38.00 ($44.19) target price on Salzgitter AG and gave the stock a neutral rating in a research report on Thursday, August 10th. Finally, Baader Bank set a €38.50 ($44.77) target price on Salzgitter AG and gave the stock a neutral rating in a research report on Thursday, November 9th. Three research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and four have issued a buy rating to the company’s stock. The company currently has an average rating of Hold and a consensus target price of €40.85 ($47.50).

Shares of Salzgitter AG (ETR:SZG) opened at €42.56 ($49.48) on Tuesday. Salzgitter AG has a 1 year low of €28.40 ($33.02) and a 1 year high of €44.28 ($51.49).

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Salzgitter AG 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 AG (ETR:SZG)

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