Royal Bank Of Canada set a €40.00 ($47.06) price target on Salzgitter AG (ETR:SZG) in a research note released on Friday. The brokerage currently has a neutral rating on the stock.

Several other equities research analysts have also commented on SZG. Berenberg Bank set a €45.00 ($52.94) price target on shares of Salzgitter AG and gave the company a buy rating in a report on Thursday, July 6th. Citigroup Inc. set a €40.00 ($47.06) price target on shares of Salzgitter AG and gave the company a neutral rating in a report on Friday, July 14th. Jefferies Group LLC set a €39.00 ($45.88) price target on shares of Salzgitter AG and gave the company a neutral rating in a report on Tuesday, July 18th. Goldman Sachs Group, Inc. (The) set a €41.00 ($48.24) price target on shares of Salzgitter AG and gave the company a neutral rating in a report on Wednesday, July 19th. Finally, J P Morgan Chase & Co set a €40.50 ($47.65) target price on shares of Salzgitter AG and gave the stock a neutral rating in a research note on Tuesday, July 25th. Four analysts have rated the stock with a sell rating, fourteen 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 €39.38 ($46.33).

Shares of Salzgitter AG (ETR SZG) opened at €41.07 ($48.32) on Friday.

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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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