Salzgitter AG (ETR:SZG) received a €42.00 ($48.84) price target from equities researchers at Jefferies Group LLC in a note issued to investors on Wednesday. The brokerage currently has a “neutral” rating on the stock. Jefferies Group LLC’s price target would suggest a potential upside of 6.59% from the company’s previous close.
A number of other equities research analysts also recently weighed in on the stock. reissued a “neutral” rating on shares of Salzgitter AG in a report on Friday, July 28th. Goldman Sachs Group, Inc. (The) set a €41.00 ($47.67) price target on shares of Salzgitter AG and gave the company a “neutral” rating in a report on Wednesday, July 19th. Morgan Stanley set a €39.10 ($45.47) price target on shares of Salzgitter AG and gave the company a “neutral” rating in a report on Friday, August 18th. UBS AG set a €42.00 ($48.84) price target on shares of Salzgitter AG and gave the company a “neutral” rating in a report on Friday, October 20th. Finally, set a €38.50 ($44.77) price target on shares of Salzgitter AG and gave the company a “neutral” rating in a report on Friday, July 28th. Three equities research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and four have issued a buy rating to the company’s stock. Salzgitter AG currently has an average rating of “Hold” and a consensus price target of €40.85 ($47.50).
Shares of Salzgitter AG (ETR SZG) opened at €39.41 ($45.82) on Wednesday. Salzgitter AG has a 1-year low of €28.39 ($33.01) and a 1-year high of €44.28 ($51.49).
TRADEMARK VIOLATION NOTICE: “Salzgitter AG (SZG) Given a €42.00 Price Target at Jefferies Group LLC” was originally reported by Week Herald and is the sole property of of Week Herald. If you are accessing this news story on another website, it was copied illegally and reposted in violation of United States and international trademark & copyright law. The original version of this news story can be read at https://weekherald.com/2017/11/15/salzgitter-ag-szg-given-a-42-00-price-target-at-jefferies-group-llc.html.
About Salzgitter AG
Salzgitter Aktiengesellschaft, through its subsidiaries, engages in steel and technology businesses worldwide. It operates through Strip Steel, Plate/Section Steel, Mannesmann, Trading, and Technology business units. The Strip Steel business unit manufactures branded and special steels, such as hot-rolled strip steel, cold-rolled steel, sections, tailored blanks, and components for the construction industry.
Receive News & Ratings for Salzgitter AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Salzgitter AG and related companies with MarketBeat.com's FREE daily email newsletter.