SGL Carbon (SGL) Given a €9.00 Price Target by Commerzbank Analysts
A number of other analysts also recently issued reports on SGL. J P Morgan Chase & Co set a €13.50 ($16.07) target price on shares of SGL Carbon and gave the stock a buy rating in a research report on Monday, August 28th. Warburg Research set a €13.00 ($15.48) target price on shares of SGL Carbon and gave the stock a neutral rating in a research report on Monday, September 11th. Baader Bank set a €12.00 ($14.29) target price on shares of SGL Carbon and gave the stock a buy rating in a research report on Thursday, September 21st. Kepler Capital Markets set a €7.00 ($8.33) target price on shares of SGL Carbon and gave the stock a sell rating in a research report on Friday, November 3rd. Finally, S&P Global set a €13.00 ($15.48) target price on shares of SGL Carbon and gave the stock a neutral rating in a research report on Friday, November 10th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company’s stock. The stock has an average rating of Hold and an average target price of €12.25 ($14.58).
Shares of SGL Carbon (ETR:SGL) opened at €11.05 ($13.15) on Thursday. SGL Carbon has a 1 year low of €7.78 ($9.26) and a 1 year high of €14.68 ($17.48).
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About SGL Carbon
SGL Carbon SE, together with its subsidiaries, manufactures and sells carbon and graphite products in Germany, the Asia Pacific/Middle East, rest of Europe, and North America. The company operates through two segments, Composites-Fibers & Materials; and Graphite Materials & Systems. It provides process solutions for the chemical and related industries; and equipment solutions, such as graphite and silicon carbide heat exchangers, special heat exchangers, quenchers, pumps, rupture disks, piping products, expansion joints/bellows, dip and intel pipes, liners and lining services, and supplementary components, as well as columns, reactors, and vessels.
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