The JPMorgan Chase & Co. Analysts Give Salzgitter AG (SZG) a €30.00 Price Target

The JPMorgan Chase & Co. Analysts Give Salzgitter AG (SZG) a €30.00 Price Target

JPMorgan Chase & Co. set a €30.00 ($32.26) price target on Salzgitter AG (ETR:SZG) in a report released on Wednesday morning. The brokerage currently has a neutral rating on the stock.

Several other equities research analysts also recently commented on the stock. Morgan Stanley set a €30.50 ($32.80) target price on shares of Salzgitter AG and gave the company a neutral rating in a research note on Thursday, August 18th. Deutsche Bank AG restated a buy rating on shares of Salzgitter AG in a research note on Wednesday, August 17th. Commerzbank AG set a €22.00 ($23.66) target price on shares of Salzgitter AG and gave the company a sell rating in a research note on Wednesday, August 31st. Warburg Research set a €27.00 ($29.03) price target on shares of Salzgitter AG and gave the stock a neutral rating in a research report on Friday, September 23rd. Finally, Berenberg Bank set a €37.00 ($39.78) price target on shares of Salzgitter AG and gave the stock a buy rating in a research report on Thursday, November 10th. Six analysts have rated the stock with a sell rating, ten have given a hold rating and ten have issued a buy rating to the stock. The stock presently has an average rating of Hold and a consensus target price of €29.70 ($31.94).

Salzgitter AG (ETR:SZG) opened at 29.448 on Wednesday. The stock has a 50 day moving average of €29.72 and a 200 day moving average of €27.92. Salzgitter AG has a 52 week low of €16.90 and a 52 week high of €32.40. The firm’s market cap is €1.59 billion.

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