Salzgitter AG (ETR:SZG) received a €39.10 ($46.00) price target from investment analysts at Morgan Stanley in a research report issued on Friday. The firm presently has a “neutral” rating on the stock.

A number of other analysts also recently weighed in on SZG. Jefferies Group LLC set a €34.00 ($40.00) target price on Salzgitter AG and gave the stock a “neutral” rating in a research report on Thursday, April 20th. Goldman Sachs Group, Inc. (The) set a €37.00 ($43.53) target price on Salzgitter AG and gave the stock a “buy” rating in a research report on Thursday, April 20th. Berenberg Bank set a €42.00 ($49.41) target price on Salzgitter AG and gave the stock a “buy” rating in a research report on Thursday, April 20th. Commerzbank Ag set a €22.00 ($25.88) target price on Salzgitter AG and gave the stock a “sell” rating in a research report on Friday, April 28th. Finally, Royal Bank Of Canada set a €38.00 ($44.71) target price on Salzgitter AG and gave the stock a “buy” rating in a research report on Tuesday, May 2nd. Five equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and four have assigned a buy rating to the stock. Salzgitter AG has an average rating of “Hold” and a consensus price target of €38.24 ($44.99).

Salzgitter AG (ETR:SZG) opened at 36.471 on Friday. The company has a 50-day moving average of €37.52 and a 200-day moving average of €35.04. Salzgitter AG has a one year low of €26.12 and a one year high of €39.49. The company has a market cap of €1.97 billion and a price-to-earnings ratio of 19.195.

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About Salzgitter AG

Salzgitter Aktiengesellschaft, through its subsidiaries, engages in steel and technology businesses worldwide. It operates through Strip Steel, Plate/Section Steel, Mannesmann, Trading, and Technology business units. The Strip Steel business unit manufactures branded and special steels, such as hot-rolled strip steel, cold-rolled steel, sections, tailored blanks, and components for the construction industry.

Analyst Recommendations for Salzgitter AG (ETR:SZG)

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