Kepler Capital Markets set a €50.00 ($59.52) target price on Salzgitter (ETR:SZG) in a research note issued to investors on Monday morning. The brokerage currently has a buy rating on the stock.

Several other equities analysts have also commented on SZG. Warburg Research set a €42.00 ($50.00) target price on shares of Salzgitter and gave the company a neutral rating in a report on Tuesday, December 5th. Jefferies Group reissued a neutral rating on shares of Salzgitter in a report on Friday. Citigroup set a €40.00 ($47.62) target price on shares of Salzgitter and gave the company a neutral rating in a report on Monday, October 16th. Deutsche Bank set a €45.00 ($53.57) target price on shares of Salzgitter and gave the company a buy rating in a report on Tuesday, November 7th. Finally, Baader Bank set a €38.50 ($45.83) target price on shares of Salzgitter and gave the company a neutral rating in a report on Thursday, September 21st. Three analysts have rated the stock with a sell rating, fifteen have given a hold rating and three have issued a buy rating to the company. The company currently has a consensus rating of Hold and an average price target of €41.13 ($48.96).

Salzgitter (ETR:SZG) opened at €45.92 ($54.67) on Monday. Salzgitter has a 1-year low of €29.74 ($35.40) and a 1-year high of €45.25 ($53.87).

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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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