Salzgitter AG Rating Reiterated by BNP Paribas (SZG)

Salzgitter AG (ETR: SZG)‘s stock had its “underperform” rating reaffirmed by analysts at BNP Paribas in a research report issued to clients and investors on Tuesday, Stock Ratings Network reports. They currently have a €26.00 ($33.77) price target on the stock.

SZG has been the subject of a number of other recent research reports. Analysts at AlphaValue reiterated a “reduce” rating on shares of Salzgitter AG in a research note to investors on Thursday, May 16th. They now have a €29.00 ($37.66) price target on the stock. Separately, analysts at Societe Generale reiterated a “hold” rating on shares of Salzgitter AG in a research note to investors on Wednesday, May 15th. They now have a €32.20 ($41.82) price target on the stock. Finally, analysts at Societe Generale reiterated a “hold” rating on shares of Salzgitter AG in a research note to investors on Monday, April 29th. They now have a €36.90 ($47.92) price target on the stock.

Four research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of €33.38 ($43.36).

Shares of Salzgitter AG (ETR: SZG) traded up 1.07% during mid-day trading on Tuesday, hitting €30.69. Salzgitter AG has a one year low of €26.996 and a one year high of €41.21. The stock’s 50-day moving average is currently €31.34.

Salzgitter AG is a Germany-based holding company for a group of more than 200 domestic and international subsidiaries active in the steel technology industry.

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