Citigroup Inc. restated their neutral rating on shares of Salzgitter AG (ETR:SZG) in a research report released on Thursday morning.

SZG has been the subject of a number of other research reports. J P Morgan Chase & Co set a €40.50 ($47.09) price target on shares of Salzgitter AG and gave the stock a neutral rating in a research note on Tuesday, July 25th. Nord/LB set a €47.00 ($54.65) price target on shares of Salzgitter AG and gave the stock a buy rating in a research note on Wednesday, October 25th. Baader Bank set a €38.50 ($44.77) price target on shares of Salzgitter AG and gave the stock a neutral rating in a research note on Thursday. Deutsche Bank AG set a €45.00 ($52.33) price target on shares of Salzgitter AG and gave the stock a buy rating in a research note on Tuesday, November 7th. Finally, Jefferies Group LLC set a €39.00 ($45.35) price target on shares of Salzgitter AG and gave the stock a neutral rating in a research note on Friday, August 11th. Three investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating and four have assigned a buy rating to the company. Salzgitter AG has an average rating of Hold and a consensus price target of €40.50 ($47.09).

Salzgitter AG (SZG) opened at €40.37 ($46.94) on Thursday. Salzgitter AG has a 52 week low of €27.14 ($31.56) and a 52 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.

Analyst Recommendations for Salzgitter AG (ETR:SZG)

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