Commerzbank Ag set a €38.00 ($44.71) target price on Salzgitter AG (ETR:SZG) in a research report report published on Friday morning. The firm currently has a neutral rating on the stock.

A number of other equities analysts have also recently issued reports on SZG. Berenberg Bank set a €42.00 ($49.41) price target on Salzgitter AG and gave the stock a buy rating in a report on Thursday, March 30th. BNP Paribas set a €30.00 ($35.29) price target on Salzgitter AG and gave the stock a neutral rating in a report on Thursday, March 30th. J P Morgan Chase & Co set a €38.50 ($45.29) price target on Salzgitter AG and gave the stock a neutral rating in a report on Monday, April 3rd. Kepler Capital Markets set a €45.00 ($52.94) price target on Salzgitter AG and gave the stock a buy rating in a report on Tuesday, April 4th. Finally, Deutsche Bank AG set a €42.00 ($49.41) price target on Salzgitter AG and gave the stock a buy rating in a report on Wednesday, April 5th. Four research analysts have rated the stock with a sell rating, thirteen have given a hold rating and six have assigned a buy rating to the stock. The stock currently has a consensus rating of Hold and an average price target of €37.37 ($43.96).

Shares of Salzgitter AG (ETR SZG) opened at 37.782 on Friday. Salzgitter AG has a one year low of €26.12 and a one year high of €39.49. The firm’s 50-day moving average is €36.33 and its 200 day moving average is €34.85. The firm has a market capitalization of €2.04 billion and a P/E ratio of 20.150.

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About Salzgitter AG

Salzgitter AG is a Germany-based producer of steel and steel products. The Company operates through five segments: The Strip Steel segment is composed of the operating companies Salzgitter Flachstahl GmbH, Salzgitter Bauelemente GmbH, Salzgitter Europlatinen GmbH and Salzgitter Mannesmann Stahlservice GmbH and produces strip steel in a wide variety of metallurgic compositions and dimensions.

Analyst Recommendations for Salzgitter AG (ETR:SZG)

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