Suedzucker (SZU) PT Set at €10.75 by Kepler Capital Markets
Suedzucker (ETR:SZU) has been given a €10.75 ($12.50) target price by Kepler Capital Markets in a research report issued on Monday. The brokerage currently has a “sell” rating on the stock. Kepler Capital Markets’ target price points to a potential downside of 6.03% from the company’s previous close.
Several other research firms have also recently commented on SZU. Goldman Sachs Group set a €11.00 ($12.79) price target on Suedzucker and gave the stock a “sell” rating in a research note on Thursday, July 12th. DZ Bank reiterated a “neutral” rating on shares of Suedzucker in a research note on Thursday, September 20th. Berenberg Bank set a €10.00 ($11.63) price target on Suedzucker and gave the stock a “sell” rating in a research note on Friday, July 13th. Independent Research set a €13.50 ($15.70) price target on Suedzucker and gave the stock a “neutral” rating in a research note on Thursday, July 12th. Finally, Commerzbank set a €22.00 ($25.58) price target on Suedzucker and gave the stock a “buy” rating in a research note on Friday, September 21st. Five analysts have rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of €14.34 ($16.67).
Shares of SZU opened at €11.44 ($13.30) on Monday. Suedzucker has a 12 month low of €14.59 ($16.97) and a 12 month high of €23.97 ($27.87).
Südzucker AG supplies sugar products in Europe and internationally. It operates through four segments: Sugar, Special Products, CropEnergies, and Fruit. The Sugar segment produces and sells sugar, sugary specialty products, animal feed and, fertilizers to food industry, retailers, and agriculture market.
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