Salzgitter AG (SZG) Given a €44.00 Price Target by Goldman Sachs Group, Inc. (The) Analysts
Goldman Sachs Group, Inc. (The) set a €44.00 ($51.16) price objective on Salzgitter AG (ETR:SZG) in a research report sent to investors on Thursday. The firm currently has a neutral rating on the stock.
Other analysts have also issued research reports about the company. Deutsche Bank AG set a €44.00 ($51.16) target price on Salzgitter AG and gave the stock a buy rating in a report on Wednesday, July 26th. Berenberg Bank set a €48.00 ($55.81) target price on Salzgitter AG and gave the stock a buy rating in a report on Friday, July 28th. Nord/LB set a €47.00 ($54.65) target price on Salzgitter AG and gave the stock a buy rating in a report on Monday, July 31st. Commerzbank Ag set a €38.00 ($44.19) target price on Salzgitter AG and gave the stock a neutral rating in a report on Thursday, August 10th. Finally, Independent Research GmbH set a €39.00 ($45.35) target price on Salzgitter AG and gave the stock a neutral rating in a report on Tuesday, August 1st. Four research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and four have given a buy rating to the company. The company has an average rating of Hold and a consensus target price of €39.67 ($46.12).
Salzgitter AG (ETR:SZG) traded up €0.23 ($0.27) on Thursday, reaching €41.34 ($48.06). The company had a trading volume of 140,314 shares, compared to its average volume of 224,322. Salzgitter AG has a fifty-two week low of €27.14 ($31.56) and a fifty-two week high of €44.28 ($51.49).
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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.
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