Bank of America Corporation Analysts Give Salzgitter AG (ETR:SZG) a €36.00 Price Target

Salzgitter AG (ETR:SZG) has been given a €36.00 ($42.35) price objective by Bank of America Corporation in a note issued to investors on Friday. The firm currently has a “sell” rating on the stock.

Several other equities analysts also recently issued reports on the stock. Commerzbank Ag set a €22.00 ($25.88) price target on shares of Salzgitter AG and gave the company a “sell” rating in a report on Friday, April 28th. Berenberg Bank set a €45.00 ($52.94) price target on shares of Salzgitter AG and gave the company a “buy” rating in a report on Thursday, July 6th. Nord/LB set a €43.00 ($50.59) price target on shares of Salzgitter AG and gave the company a “buy” rating in a report on Friday, May 5th. Warburg Research set a €34.00 ($40.00) price target on shares of Salzgitter AG and gave the company a “neutral” rating in a report on Tuesday, May 16th. Finally, Kepler Capital Markets set a €45.00 ($52.94) price objective on shares of Salzgitter AG and gave the company a “buy” rating in a research report on Monday, May 29th. Five investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and five have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of €37.64 ($44.28).

Salzgitter AG (ETR SZG) opened at 37.51 on Friday. The firm has a 50-day moving average of €37.17 and a 200 day moving average of €35.00. Salzgitter AG has a 52-week low of €26.12 and a 52-week high of €39.49. The company has a market cap of €2.03 billion and a PE ratio of 20.01.

ILLEGAL ACTIVITY WARNING: “Bank of America Corporation Analysts Give Salzgitter AG (ETR:SZG) a €36.00 Price Target” was first posted by Ticker Report and is the property of of Ticker Report. If you are accessing this piece of content on another domain, it was illegally copied and republished in violation of United States and international trademark and copyright law. The correct version of this piece of content can be read at https://www.tickerreport.com/banking-finance/2800865/bank-of-america-corporation-analysts-give-salzgitter-ag-etrszg-a-36-00-price-target.html.

About Salzgitter AG

Salzgitter AG is a Germany-based producer of steel and steel products. The Company operates through five segments: The Strip Steel segment is composed of the operating companies Salzgitter Flachstahl GmbH, Salzgitter Bauelemente GmbH, Salzgitter Europlatinen GmbH and Salzgitter Mannesmann Stahlservice GmbH and produces strip steel in a wide variety of metallurgic compositions and dimensions.

Analyst Recommendations for Salzgitter AG (ETR:SZG)

Receive News & Ratings for Salzgitter AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Salzgitter AG and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


Leave a Reply

© 2006-2017 Ticker Report. Google+.