Salzgitter AG (SZG) Given a €38.50 Price Target by Baader Bank Analysts

Baader Bank set a €38.50 ($44.77) price objective on Salzgitter AG (ETR:SZG) in a research note published on Thursday. The firm currently has a neutral rating on the stock.

Other equities research analysts also recently issued research reports about the company. Royal Bank Of Canada set a €39.00 ($45.35) price objective on Salzgitter AG and gave the company a neutral rating in a report on Monday, July 24th. Deutsche Bank AG set a €44.00 ($51.16) price objective on Salzgitter AG and gave the company a buy rating in a report on Friday, August 11th. Morgan Stanley set a €39.10 ($45.47) price objective on Salzgitter AG and gave the company a neutral rating in a report on Friday, August 18th. Jefferies Group LLC set a €42.00 ($48.84) price objective on Salzgitter AG and gave the company a neutral rating in a report on Wednesday, October 25th. Finally, Commerzbank Ag set a €38.00 ($44.19) price target on Salzgitter AG and gave the stock a neutral rating in a report on Friday, July 28th. Three 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 stock. The stock currently has an average rating of Hold and a consensus target price of €40.50 ($47.09).

Shares of Salzgitter AG (ETR SZG) opened at €40.37 ($46.94) on Thursday. Salzgitter AG has a fifty-two week low of €27.14 ($31.56) and a fifty-two week 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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