Salzgitter (SZG) Given a €42.00 Price Target at Warburg Research

Warburg Research set a €42.00 ($50.00) price target on Salzgitter (ETR:SZG) in a report released on Tuesday morning. The brokerage currently has a neutral rating on the stock.

A number of other research analysts also recently commented on the stock. Deutsche Bank set a €46.00 ($54.76) price objective on shares of Salzgitter and gave the company a neutral rating in a research note on Thursday, November 23rd. Royal Bank Of Canada set a €41.00 ($48.81) target price on shares of Salzgitter and gave the stock a neutral rating in a research report on Wednesday, November 22nd. J P Morgan Chase & Co set a €40.00 ($47.62) target price on shares of Salzgitter and gave the stock a neutral rating in a research report on Tuesday, November 21st. Independent Research set a €45.00 ($53.57) target price on shares of Salzgitter and gave the stock a neutral rating in a research report on Monday, November 20th. Finally, UBS set a €43.00 ($51.19) target price on shares of Salzgitter and gave the stock a neutral rating in a research report on Friday, November 17th. Three analysts have rated the stock with a sell rating, fifteen have issued a hold rating and three have given a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and an average price target of €41.13 ($48.96).

Salzgitter (ETR:SZG) opened at €42.05 ($50.05) on Tuesday. Salzgitter has a one year low of €29.74 ($35.40) and a one year high of €45.06 ($53.64).

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Salzgitter Company Profile

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 (ETR:SZG)

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