Steinhoff International (ETR:SNH) has been assigned a €2.00 ($2.38) target price by equities research analysts at Royal Bank Of Canada in a report issued on Wednesday. The brokerage currently has a “neutral” rating on the stock. Royal Bank Of Canada’s target price would suggest a potential upside of 82.48% from the company’s current price.

Several other equities analysts have also recently weighed in on SNH. Goldman Sachs Group set a €3.80 ($4.52) price target on shares of Steinhoff International and gave the company a “neutral” rating in a research report on Wednesday. Deutsche Bank set a €4.55 ($5.42) price target on shares of Steinhoff International and gave the company a “neutral” rating in a research report on Friday, September 1st. Commerzbank set a €5.00 ($5.95) price target on shares of Steinhoff International and gave the company a “neutral” rating in a research report on Tuesday. Finally, J P Morgan Chase & Co set a €3.00 ($3.57) price target on shares of Steinhoff International and gave the company a “neutral” rating in a research report on Wednesday. Eight investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of €4.41 ($5.25).

Shares of Steinhoff International (SNH) traded down €1.90 ($2.26) during midday trading on Wednesday, reaching €1.10 ($1.30). 182,375,542 shares of the company traded hands, compared to its average volume of 7,740,000. Steinhoff International has a twelve month low of €3.03 ($3.61) and a twelve month high of €5.32 ($6.33).

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Steinhoff International Company Profile

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.

Analyst Recommendations for Steinhoff International (ETR:SNH)

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