Other equities analysts have also issued research reports about the company. Royal Bank Of Canada set a €39.00 ($45.88) target price on Salzgitter AG and gave the stock a neutral rating in a research report on Monday, July 24th. Deutsche Bank AG set a €44.00 ($51.76) target price on Salzgitter AG and gave the stock a buy rating in a research report on Friday, August 11th. Morgan Stanley set a €39.10 ($46.00) target price on Salzgitter AG and gave the stock a neutral rating in a research report on Friday, August 18th. Jefferies Group LLC set a €42.00 ($49.41) target price on Salzgitter AG and gave the stock a neutral rating in a research report on Wednesday, October 25th. Finally, Baader Bank set a €38.50 ($45.29) target price on Salzgitter AG and gave the stock a neutral rating in a research report on Friday, July 28th. Three investment analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and three have issued a buy rating to the stock. The company presently has a consensus rating of Hold and an average price target of €41.08 ($48.32).
Salzgitter AG (ETR SZG) opened at €44.00 ($51.76) on Tuesday. Salzgitter AG has a 52-week low of €29.04 ($34.16) and a 52-week high of €44.28 ($52.09).
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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.
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