SGL Carbon (SGL) Given a €13.00 Price Target by Cfra Analysts

SGL Carbon (ETR:SGL) has been assigned a €13.00 ($15.48) price objective by analysts at Cfra in a report released on Friday, May 11th. The brokerage currently has a “buy” rating on the stock. Cfra’s price objective points to a potential upside of 19.49% from the company’s current price.

Several other brokerages also recently weighed in on SGL. Berenberg Bank set a €13.50 ($16.07) target price on shares of SGL Carbon and gave the stock a “buy” rating in a report on Thursday, March 15th. JPMorgan Chase set a €14.10 ($16.79) price target on shares of SGL Carbon and gave the company a “buy” rating in a report on Wednesday, March 14th. Commerzbank set a €9.00 ($10.71) price target on shares of SGL Carbon and gave the company a “sell” rating in a report on Thursday, March 15th. Societe Generale set a €15.00 ($17.86) price objective on shares of SGL Carbon and gave the stock a “buy” rating in a research report on Wednesday, March 14th. Finally, 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 Wednesday, March 14th. Three investment analysts have rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of €12.16 ($14.48).

SGL remained flat at $€10.88 ($12.95) during mid-day trading on Friday. 152,465 shares of the company’s stock were exchanged, compared to its average volume of 248,478. SGL Carbon has a 1-year low of €8.09 ($9.63) and a 1-year high of €14.70 ($17.50).

SGL Carbon Company Profile

SGL Carbon SE manufactures and sells carbon and graphite products in Europe, Asia, Africa, Australia, and Latin and North America. The company operates in two business units, Composites-Fibers & Materials; and Graphite Materials & Systems. It provides process solutions for chemical and related industries; and equipment solutions, such as heat exchangers, quenchers, pumps, rupture disks, piping products, expansion joints/bellows, dip and intel pipes, liners and lining services, and other components, as well as columns, reactors, and vessels.

Analyst Recommendations for SGL Carbon (ETR:SGL)

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