SGL Carbon SE (SGL) Given Average Rating of “Hold” by Analysts

Shares of SGL Carbon SE (ETR:SGL) have been assigned an average rating of “Hold” from the nine analysts that are currently covering the company, MarketBeat.com reports. Three research analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is €11.89 ($14.68).

Several equities research analysts have recently issued reports on SGL shares. Baader Bank set a €14.00 ($17.28) target price on SGL Carbon and gave the stock a “neutral” rating in a report on Wednesday, December 6th. Berenberg Bank set a €13.50 ($16.67) target price on SGL Carbon and gave the stock a “buy” rating in a report on Tuesday, December 12th. Kepler Capital Markets set a €7.00 ($8.64) target price on SGL Carbon and gave the stock a “sell” rating in a report on Friday, November 3rd. Bank of America set a €9.00 ($11.11) target price on SGL Carbon and gave the stock a “sell” rating in a report on Tuesday, January 9th. Finally, Commerzbank set a €9.00 ($11.11) price target on SGL Carbon and gave the stock a “sell” rating in a research report on Thursday, December 14th.

Shares of SGL Carbon (ETR:SGL) opened at €11.39 ($14.06) on Tuesday. SGL Carbon has a twelve month low of €7.83 ($9.67) and a twelve month high of €14.70 ($18.15). The stock has a market capitalization of $1,410.00 and a PE ratio of -43.81.

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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)

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