SGL Carbon (ETR:SGL) received a €14.00 ($16.67) price objective from analysts at Baader Bank in a research report issued on Wednesday. The brokerage presently has a “neutral” rating on the stock. Baader Bank’s target price would suggest a potential upside of 27.56% from the stock’s current price.

SGL has been the topic of a number of other reports. J P Morgan Chase & Co set a €13.50 ($16.07) target price on shares of SGL Carbon and gave the stock a “buy” rating in a research report on Monday, August 28th. Warburg Research set a €13.00 ($15.48) target price on shares of SGL Carbon and gave the stock a “neutral” rating in a research report on Monday, September 11th. Kepler Capital Markets set a €7.00 ($8.33) target price on shares of SGL Carbon and gave the stock a “sell” rating in a research report on Friday, November 3rd. S&P Global set a €13.00 ($15.48) target price on shares of SGL Carbon and gave the stock a “neutral” rating in a research report on Friday, November 10th. Finally, Societe Generale set a €15.00 ($17.86) target price on shares of SGL Carbon and gave the stock a “buy” rating in a research report on Monday, November 27th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the stock. The company has an average rating of “Hold” and an average price target of €12.50 ($14.88).

Shares of SGL Carbon (SGL) traded down €0.12 ($0.14) on Wednesday, hitting €10.98 ($13.07). 243,301 shares of the stock were exchanged, compared to its average volume of 386,725. SGL Carbon has a twelve month low of €7.78 ($9.26) and a twelve month high of €14.68 ($17.48).

ILLEGAL ACTIVITY WARNING: “SGL Carbon (SGL) Given a €14.00 Price Target at Baader Bank” was first published by American Banking News and is the property of of American Banking News. If you are accessing this story on another site, it was copied illegally and republished in violation of US & international trademark & copyright law. The correct version of this story can be read at https://www.americanbankingnews.com/2017/12/06/sgl-carbon-sgl-given-a-14-00-price-target-at-baader-bank.html.

About SGL Carbon

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.

Analyst Recommendations for SGL Carbon (ETR:SGL)

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.