Steinhoff International (SNH) Given a €5.00 Price Target by Commerzbank Analysts
Steinhoff International (ETR:SNH) has been given a €5.00 ($5.95) price target by investment analysts at Commerzbank in a report released on Tuesday. The firm currently has a “neutral” rating on the stock. Commerzbank’s target price indicates a potential upside of 62.87% from the company’s previous close.
A number of other research firms also recently weighed in on SNH. Deutsche Bank set a €4.55 ($5.42) target price on Steinhoff International and gave the stock a “neutral” rating in a research report on Friday, September 1st. Royal Bank Of Canada set a €5.00 ($5.95) target price on Steinhoff International and gave the stock a “buy” rating in a research report on Monday, September 4th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the company’s stock. Steinhoff International currently has a consensus rating of “Hold” and a consensus price target of €5.11 ($6.08).
Shares of Steinhoff International (ETR SNH) opened at €3.07 ($3.65) on Tuesday. Steinhoff International has a 12-month low of €3.03 ($3.61) and a 12-month high of €5.32 ($6.33).
Steinhoff International Holdings N.V. manufactures, sources, and retails furniture, household goods, general merchandise, and automotive products in Europe, Australasia, the United States, and Africa. The company retails appliances, home accessories, consumer electronics and technology goods, building materials, and DIY products and accessories; and clothing, footwear, personal accessories, cellular products, and financial services.
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