SGL Carbon (ETR:SGL) Given a €3.00 Price Target at Baader Bank
Baader Bank set a €3.00 ($3.49) target price on SGL Carbon (ETR:SGL) in a research report report published on Thursday, Borsen Zeitung reports. The brokerage currently has a sell rating on the stock.
A number of other research firms have also weighed in on SGL. Berenberg Bank set a €7.50 ($8.72) target price on shares of SGL Carbon and gave the company a neutral rating in a report on Friday, August 9th. HSBC set a €7.00 ($8.14) target price on shares of SGL Carbon and gave the company a neutral rating in a report on Thursday, August 8th. Deutsche Bank set a €5.30 ($6.16) target price on shares of SGL Carbon and gave the company a neutral rating in a report on Thursday. Finally, Kepler Capital Markets set a €6.50 ($7.56) target price on shares of SGL Carbon and gave the company a neutral rating in a report on Tuesday, May 7th. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the stock. SGL Carbon currently has a consensus rating of Hold and a consensus target price of €7.37 ($8.57).
SGL stock opened at €3.65 ($4.24) on Thursday. The firm has a fifty day moving average price of €6.16 and a 200 day moving average price of €7.08. SGL Carbon has a fifty-two week low of €5.45 ($6.33) and a fifty-two week high of €12.00 ($13.95). The company has a debt-to-equity ratio of 109.59, a quick ratio of 1.69 and a current ratio of 2.99. The firm has a market cap of $446.29 million and a PE ratio of 130.36.
SGL Carbon SE manufactures and sells carbon and graphite products in Europe, Asia, Africa, Australia, and Latin and North America. The company operates in two business units, Composites-Fibers & Materials; and Graphite Materials & Systems. It provides process solutions for chemical and related industries; and equipment solutions, such as heat exchangers, quenchers, pumps, rupture disks, piping products, expansion joints/bellows, dip and intel pipes, liners and lining services, and other components, as well as columns, reactors, and vessels.
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