Salzgitter AG (SZG) Given a €42.00 Price Target at Jefferies Group LLC

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).

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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.

Analyst Recommendations for Salzgitter AG (ETR:SZG)

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