Steinhoff International (SNH) PT Set at €3.80 by Goldman Sachs Group
Steinhoff International (ETR:SNH) received a €3.80 ($4.52) target price from Goldman Sachs Group in a research report issued to clients and investors on Wednesday. The firm currently has a “neutral” rating on the stock. Goldman Sachs Group’s price objective points to a potential upside of 246.72% from the company’s current price.
A number of other research firms have also recently commented on SNH. Deutsche Bank reaffirmed a “neutral” rating on shares of Steinhoff International in a report on Tuesday, November 28th. Commerzbank set a €5.00 ($5.95) price target on shares of Steinhoff International and gave the stock a “neutral” rating in a report on Tuesday. J P Morgan Chase & Co set a €3.00 ($3.57) price target on shares of Steinhoff International and gave the stock a “neutral” rating in a report on Wednesday. Finally, Royal Bank Of Canada set a €5.00 ($5.95) price target on shares of Steinhoff International and gave the stock a “buy” rating in a report on Monday, September 4th. Eight investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of €4.41 ($5.25).
Steinhoff International (ETR SNH) traded down €1.90 ($2.26) during trading hours on Wednesday, hitting €1.10 ($1.30). 182,375,542 shares of the company were exchanged, compared to its average volume of 7,740,000. Steinhoff International has a 52 week low of €3.03 ($3.61) and a 52 week high of €5.32 ($6.33).
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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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