Trade Report: The Salzgitter AG (SZG) PT Set at €26.50 by Goldman Sachs Group Inc.

The Salzgitter AG (SZG) PT Set at €26.50 by Goldman Sachs Group Inc.

Salzgitter AG (ETR:SZG) received a €26.50 ($29.44) price target from research analysts at Goldman Sachs Group Inc. in a research note issued to investors on Thursday. The brokerage currently has a a “sell” rating on the stock.

A number of other research firms also recently weighed in on SZG. JPMorgan Chase & Co. set a €27.00 ($30.00) price target on Salzgitter AG and gave the company a “neutral” rating in a research note on Thursday, July 21st. Barclays PLC set a €25.00 ($27.78) price objective on Salzgitter AG and gave the stock a “sell” rating in a research note on Thursday, July 21st. DZ Bank AG reaffirmed a “neutral” rating on shares of Salzgitter AG in a research note on Tuesday, July 12th. Berenberg Bank set a €41.00 ($45.56) price objective on Salzgitter AG and gave the stock a “buy” rating in a research note on Thursday, June 30th. Finally, Kepler Capital Markets set a €27.00 ($30.00) price objective on Salzgitter AG and gave the stock a “neutral” rating in a research note on Wednesday, June 29th. Six equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and eleven have given a buy rating to the company. Salzgitter AG has a consensus rating of “Hold” and an average price target of €29.94 ($33.27).

Shares of Salzgitter AG (ETR:SZG) opened at 30.60 on Thursday. Salzgitter AG has a 1-year low of €16.90 and a 1-year high of €32.40. The company’s market cap is €1.66 billion. The stock’s 50 day moving average price is €28.83 and its 200 day moving average price is €27.45.

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