SGL Carbon SE (SGL) Given Consensus Recommendation of “Hold” by Analysts
Shares of SGL Carbon SE (ETR:SGL) have earned a consensus recommendation of “Hold” from the seven brokerages that are presently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is €11.57 ($13.78).
A number of analysts have commented on SGL shares. Warburg Research set a €13.00 ($15.48) target price on SGL Carbon SE and gave the stock a “neutral” rating in a report on Monday, September 11th. Baader Bank set a €12.00 ($14.29) target price on SGL Carbon SE and gave the stock a “buy” rating in a report on Wednesday, June 7th. Kepler Capital Markets set a €7.00 ($8.33) target price on SGL Carbon SE and gave the stock a “sell” rating in a report on Wednesday, August 9th. S&P Global set a €8.80 ($10.48) target price on SGL Carbon SE and gave the stock a “sell” rating in a report on Saturday, May 20th. Finally, J P Morgan Chase & Co set a €13.50 ($16.07) target price on SGL Carbon SE and gave the stock a “buy” rating in a report on Monday, August 28th.
SGL Carbon SE (ETR SGL) traded down 1.27% during mid-day trading on Friday, reaching €14.01. The company had a trading volume of 15,000 shares. The firm’s 50-day moving average is €12.35 and its 200-day moving average is €10.51. SGL Carbon SE has a one year low of €7.80 and a one year high of €14.68. The firm’s market capitalization is €1.71 billion.
ILLEGAL ACTIVITY NOTICE: “SGL Carbon SE (SGL) Given Consensus Recommendation of “Hold” by Analysts” was first posted by American Banking News and is the sole property of of American Banking News. If you are reading this story on another site, it was illegally stolen and reposted in violation of U.S. & international trademark and copyright laws. The legal version of this story can be read at https://www.americanbankingnews.com/2017/09/16/sgl-carbon-se-sgl-given-consensus-recommendation-of-hold-by-analysts.html.
About SGL Carbon SE
SGL Carbon SE, together with its subsidiaries, manufactures and sells carbon and graphite products in Germany, the Asia Pacific/Middle East, rest of Europe, and North America. The company operates through two segments, Composites-Fibers & Materials; and Graphite Materials & Systems. It provides process solutions for the chemical and related industries; and equipment solutions, such as graphite and silicon carbide heat exchangers, special heat exchangers, quenchers, pumps, rupture disks, piping products, expansion joints/bellows, dip and intel pipes, liners and lining services, and supplementary components, as well as columns, reactors, and vessels.
Receive News & Ratings for SGL Carbon SE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SGL Carbon SE and related companies with MarketBeat.com's FREE daily email newsletter.