Südzucker AG (SZU) Receives Average Recommendation of “Hold” from Brokerages
Shares of Südzucker AG (ETR:SZU) have received an average rating of “Hold” from the eleven ratings firms that are currently covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is €19.68 ($23.43).
A number of analysts have weighed in on the stock. Warburg Research set a €18.50 ($22.02) price objective on shares of Südzucker and gave the company a “neutral” rating in a research note on Tuesday, November 28th. Commerzbank set a €27.00 ($32.14) price target on shares of Südzucker and gave the company a “buy” rating in a report on Friday, November 3rd. Berenberg Bank set a €18.30 ($21.79) price target on shares of Südzucker and gave the company a “neutral” rating in a report on Tuesday, October 17th. equinet set a €15.50 ($18.45) price target on shares of Südzucker and gave the company a “sell” rating in a report on Monday, October 16th. Finally, Goldman Sachs Group set a €17.00 ($20.24) price target on shares of Südzucker and gave the company a “neutral” rating in a report on Monday, October 16th.
Shares of Südzucker (ETR SZU) opened at €17.24 ($20.52) on Friday. Südzucker has a 12 month low of €16.52 ($19.67) and a 12 month high of €25.39 ($30.23).
Südzucker AG supplies sugar products in Europe and internationally. It operates through four segments: Sugar, Special Products, CropEnergies, and Fruit. The Sugar segment produces and sells sugar, sugary specialty products, animal feed and, fertilizers to food industry, retailers, and agriculture market.
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