SGL Carbon (ETR:SGL) Given a €3.00 Price Target at Baader Bank
Baader Bank set a €3.00 ($3.49) price objective on SGL Carbon (ETR:SGL) in a research report sent to investors on Monday, Borsen Zeitung reports. The firm currently has a sell rating on the stock.
Other analysts have also issued research reports about the company. Deutsche Bank set a €4.50 ($5.23) target price on SGL Carbon and gave the stock a neutral rating in a report on Monday, November 25th. Kepler Capital Markets set a €3.00 ($3.49) price objective on SGL Carbon and gave the company a sell rating in a research note on Wednesday, October 30th. HSBC set a €4.00 ($4.65) price objective on SGL Carbon and gave the company a neutral rating in a research note on Wednesday, October 30th. Finally, Berenberg Bank set a €4.20 ($4.88) price objective on SGL Carbon and gave the company a neutral rating in a research note on Tuesday, November 12th. Two analysts have rated the stock with a sell rating and three have given a hold rating to the company’s stock. The stock presently has a consensus rating of Hold and an average price target of €3.74 ($4.35).
SGL opened at €4.34 ($5.04) on Monday. SGL Carbon has a 52-week low of €3.57 ($4.15) and a 52-week high of €8.33 ($9.68). The firm has a market capitalization of $530.41 million and a PE ratio of -6.55. The company has a debt-to-equity ratio of 96.57, a quick ratio of 1.72 and a current ratio of 3.02. The business’s 50-day simple moving average is €4.67 and its 200 day simple moving average is €4.89.
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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