SZG has been the topic of several other reports. Macquarie set a €31.00 ($36.05) price objective on Salzgitter and gave the stock a neutral rating in a report on Wednesday, December 5th. Goldman Sachs Group set a €30.00 ($34.88) target price on Salzgitter and gave the company a neutral rating in a research report on Thursday, January 31st. Deutsche Bank set a €40.00 ($46.51) target price on Salzgitter and gave the company a buy rating in a research report on Thursday, January 10th. Nord/LB set a €36.00 ($41.86) target price on Salzgitter and gave the company a buy rating in a research report on Monday, December 10th. Finally, Oddo Bhf set a €26.00 ($30.23) target price on Salzgitter and gave the company a sell rating in a research report on Wednesday, January 23rd. Three research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and two have assigned a buy rating to the company. Salzgitter currently has a consensus rating of Hold and an average target price of €34.87 ($40.54).
SZG traded up €0.44 ($0.51) during trading on Monday, hitting €27.30 ($31.74). 204,397 shares of the stock were exchanged, compared to its average volume of 273,405. Salzgitter has a 1 year low of €29.74 ($34.58) and a 1 year high of €52.40 ($60.93).
Salzgitter Aktiengesellschaft, together with its subsidiaries, engages in steel and technology businesses worldwide. It operates through five segments: Strip Steel, Plate/Section Steel, Mannesmann, Trading, and Technology. The Strip Steel segment manufactures branded and special steels, such as hot-rolled strip steel and steel sheets, sections, tailored blanks, and components for the construction industry.
Featured Story: Why do earnings reports matter?
Receive News & Ratings for Salzgitter Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Salzgitter and related companies with MarketBeat.com's FREE daily email newsletter.