Salzgitter AG’s “Hold” Rating Reaffirmed at Bankhaus Lampe (SZG)

Salzgitter AG (ETR: SZG)‘s stock had its “hold” rating reiterated by research analysts at Bankhaus Lampe in a report released on Wednesday, Analyst Ratings.Net reports. They currently have a €33.00 ($42.86) target price on the stock.

Shares of Salzgitter AG (ETR: SZG) opened at 26.43 on Wednesday. Salzgitter AG has a one year low of €26.85 and a one year high of €41.21. The stock’s 50-day moving average is currently €31.34.

A number of other analysts have also recently weighed in on SZG. Analysts at BNP Paribas reiterated an “underperform” rating on shares of Salzgitter AG in a research note to investors on Tuesday, May 28th. They now have a €26.00 ($33.77) price target on the stock. Finally, 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.

Four investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and three have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of €33.36 ($43.33).

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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