Shares of SGL Carbon SE (ETR:SGL) have earned an average recommendation of “Hold” from the nine brokerages that are currently covering the firm, MarketBeat.com reports. Three investment analysts have rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company. The average 1-year target price among analysts that have covered the stock in the last year is €7.03 ($8.18).
SGL has been the topic of a number of analyst reports. Berenberg Bank set a €3.50 ($4.07) price target on SGL Carbon and gave the company a “neutral” rating in a research report on Friday, August 16th. Baader Bank set a €3.00 ($3.49) price target on SGL Carbon and gave the company a “sell” rating in a research report on Thursday, September 12th. Deutsche Bank set a €5.30 ($6.16) price target on SGL Carbon and gave the company a “neutral” rating in a research report on Thursday, August 15th. Finally, HSBC set a €4.00 ($4.65) price target on SGL Carbon and gave the company a “neutral” rating in a research report on Friday, September 6th.
Shares of SGL Carbon stock opened at €4.94 ($5.75) on Thursday. The company has a debt-to-equity ratio of 109.59, a current ratio of 2.99 and a quick ratio of 1.69. The stock has a market capitalization of $615.02 million and a price-to-earnings ratio of 176.57. The business has a 50-day moving average of €5.12 and a 200 day moving average of €6.74. SGL Carbon has a 12 month low of €3.57 ($4.15) and a 12 month high of €10.58 ($12.30).
SGL Carbon SE manufactures and sells carbon and graphite products in Europe, Asia, Africa, Australia, and Latin and North America. The company operates in two business units, Composites-Fibers & Materials; and Graphite Materials & Systems. It provides process solutions for chemical and related industries; and equipment solutions, such as heat exchangers, quenchers, pumps, rupture disks, piping products, expansion joints/bellows, dip and intel pipes, liners and lining services, and other components, as well as columns, reactors, and vessels.
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