Royal Bank Of Canada set a €41.00 ($48.24) price objective on Salzgitter AG (ETR:SZG) in a research report sent to investors on Wednesday morning. The brokerage currently has a neutral rating on the stock.

SZG has been the topic of a number of other research reports. J P Morgan Chase & Co reissued a neutral rating and set a price objective on shares of Salzgitter in a report on Wednesday, November 15th. Nord/LB set a €47.00 ($55.29) target price on shares of Salzgitter and gave the stock a buy rating in a research report on Wednesday, October 25th. Baader Bank set a €38.50 ($45.29) target price on shares of Salzgitter and gave the stock a neutral rating in a research report on Thursday, November 9th. Deutsche Bank AG set a €45.00 ($52.94) price objective on shares of Salzgitter and gave the company a buy rating in a research report on Tuesday, November 7th. Finally, Jefferies Group LLC set a €39.00 ($45.88) price objective on shares of Salzgitter and gave the company a neutral rating in a research report on Friday, August 11th. Three research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and three have assigned a buy rating to the stock. The company currently has an average rating of Hold and an average target price of €41.08 ($48.32).

Shares of Salzgitter (SZG) opened at €43.41 ($51.07) on Wednesday. Salzgitter has a fifty-two week low of €29.08 ($34.21) and a fifty-two week high of €45.06 ($53.01).

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Salzgitter 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 (ETR:SZG)

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