UBS AG set a €42.00 ($49.41) price target on Salzgitter AG (ETR:SZG) in a research report released on Friday morning. The firm currently has a neutral rating on the stock.

Other research analysts have also issued research reports about the company. Nord/LB set a €43.00 ($50.59) target price on Salzgitter AG and gave the company a buy rating in a report on Friday, June 30th. Berenberg Bank set a €45.00 ($52.94) price target on Salzgitter AG and gave the stock a buy rating in a report on Thursday, July 6th. Deutsche Bank AG set a €44.00 ($51.76) price target on Salzgitter AG and gave the stock a buy rating in a report on Wednesday, July 26th. Commerzbank Ag set a €38.00 ($44.71) price target on Salzgitter AG and gave the stock a neutral rating in a report on Friday, July 28th. Finally, Goldman Sachs Group Inc set a €41.00 ($48.24) price target on Salzgitter AG and gave the stock a neutral rating in a report on Friday, July 28th. Four equities research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and four have assigned a buy rating to the company. The stock currently has a consensus rating of Hold and a consensus target price of €38.86 ($45.71).

Shares of Salzgitter AG (SZG) traded up 1.274% during midday trading on Friday, hitting €41.495. The stock had a trading volume of 1,690 shares. The firm has a market cap of €2.24 billion and a P/E ratio of 21.839. Salzgitter AG has a 52 week low of €26.12 and a 52 week high of €42.51. The company’s 50 day moving average is €38.39 and its 200 day moving average is €35.81.

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About Salzgitter AG

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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