Suedzucker (ETR:SZU) has been assigned a €9.00 ($10.47) price target by stock analysts at Berenberg Bank in a report issued on Friday. The firm presently has a “sell” rating on the stock. Berenberg Bank’s price target indicates a potential downside of 29.91% from the stock’s previous close.
Other equities analysts have also recently issued research reports about the stock. Goldman Sachs Group set a €11.00 ($12.79) price objective on shares of Suedzucker and gave the stock a “sell” rating in a research report on Monday, June 25th. Kepler Capital Markets set a €11.75 ($13.66) price objective on shares of Suedzucker and gave the stock a “sell” rating in a research report on Friday, June 22nd. Nord/LB set a €24.00 ($27.91) price objective on shares of Suedzucker and gave the stock a “buy” rating in a research report on Thursday, June 28th. DZ Bank reaffirmed a “neutral” rating on shares of Suedzucker in a research report on Thursday. Finally, Deutsche Bank set a €13.50 ($15.70) price objective on shares of Suedzucker and gave the stock a “neutral” rating in a research report on Friday. Six analysts have rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the stock. Suedzucker presently has a consensus rating of “Hold” and an average price target of €13.47 ($15.66).
Shares of ETR SZU opened at €12.84 ($14.93) on Friday. Suedzucker has a 1 year low of €14.59 ($16.97) and a 1 year 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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