SGL Carbon (ETR:SGL) received a €12.00 ($13.95) target price from analysts at Baader Bank in a report issued on Tuesday. The firm currently has a “neutral” rating on the stock. Baader Bank’s price target suggests a potential upside of 22.70% from the stock’s previous close.

A number of other research analysts also recently issued reports on the company. Kepler Capital Markets set a €8.50 ($9.88) price objective on SGL Carbon and gave the company a “neutral” rating in a research note on Monday, October 15th. Societe Generale set a €13.50 ($15.70) price objective on SGL Carbon and gave the company a “buy” rating in a research note on Tuesday, August 7th. Commerzbank set a €9.00 ($10.47) price objective on SGL Carbon and gave the company a “sell” rating in a research note on Friday, August 3rd. JPMorgan Chase & Co. set a €14.10 ($16.40) price objective on SGL Carbon and gave the company a “buy” rating in a research note on Tuesday, August 7th. Finally, Berenberg Bank set a €13.50 ($15.70) price objective on SGL Carbon and gave the company a “buy” rating in a research note on Wednesday, August 8th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of €11.73 ($13.64).

Shares of ETR:SGL opened at €9.78 ($11.37) on Tuesday. SGL Carbon has a 1 year low of €8.09 ($9.41) and a 1 year high of €14.70 ($17.09).

About SGL Carbon

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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Analyst Recommendations for SGL Carbon (ETR:SGL)

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