Baader Bank set a €38.50 ($45.83) price objective on Salzgitter AG (ETR:SZG) in a research report report published on Thursday. The brokerage currently has a neutral rating on the stock.

SZG has been the subject of a number of other research reports. Commerzbank Ag set a €38.00 ($45.24) target price on Salzgitter AG and gave the stock a neutral rating in a research report on Friday, June 23rd. Kepler Capital Markets set a €45.00 ($53.57) target price on Salzgitter AG and gave the stock a buy rating in a research report on Monday, May 29th. Nord/LB set a €43.00 ($51.19) target price on Salzgitter AG and gave the stock a buy rating in a research report on Monday, May 29th. Berenberg Bank set a €45.00 ($53.57) target price on Salzgitter AG and gave the stock a buy rating in a research report on Thursday, July 6th. Finally, DZ Bank AG reaffirmed a neutral rating on shares of Salzgitter AG in a research report on Friday, July 28th. Five research analysts have rated the stock with a sell rating, thirteen have given a hold rating and four have issued a buy rating to the company’s stock. The stock currently has an average rating of Hold and a consensus target price of €38.24 ($45.53).

Salzgitter AG (ETR:SZG) traded down 1.20% on Thursday, hitting €37.85. The company had a trading volume of 106 shares. Salzgitter AG has a one year low of €26.12 and a one year high of €39.49. The stock has a 50 day moving average of €37.64 and a 200-day moving average of €35.16. The stock has a market capitalization of €2.05 billion and a PE ratio of 19.92.

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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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