SGL Carbon (SGL) Given a €12.00 Price Target at Baader Bank
SGL has been the topic of a number of other reports. Commerzbank set a €9.00 ($10.47) price objective on shares of SGL Carbon and gave the stock a sell rating in a research note on Thursday, November 1st. Cfra set a €11.50 ($13.37) price objective on shares of SGL Carbon and gave the stock a buy rating in a research note on Wednesday, November 7th. Kepler Capital Markets set a €9.00 ($10.47) price objective on shares of SGL Carbon and gave the stock a neutral rating in a research note on Wednesday, November 7th. Finally, Societe Generale set a €14.50 ($16.86) price objective on shares of SGL Carbon and gave the stock a buy rating in a research note on Tuesday, November 6th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company’s stock. SGL Carbon currently has a consensus rating of Hold and an average target price of €11.58 ($13.46).
Shares of SGL Carbon stock opened at €6.99 ($8.13) on Friday. SGL Carbon has a 12-month low of €8.09 ($9.41) and a 12-month high of €14.70 ($17.09).
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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