SGL Carbon (ETR:SGL) has been given a €15.00 ($18.52) target price by equities research analysts at Societe Generale in a research report issued on Wednesday. The firm presently has a “buy” rating on the stock. Societe Generale’s price objective suggests a potential upside of 25.52% from the company’s current price.
Other research analysts have also issued reports about the stock. JPMorgan Chase & Co. set a €14.10 ($17.41) target price on shares of SGL Carbon and gave the company a “buy” rating in a research note on Wednesday. Berenberg Bank set a €13.50 ($16.67) target price on shares of SGL Carbon and gave the company a “buy” rating in a research note on Tuesday, December 12th. Baader Bank set a €14.00 ($17.28) target price on shares of SGL Carbon and gave the company a “neutral” rating in a research note on Wednesday, December 6th. Kepler Capital Markets set a €7.00 ($8.64) target price on shares of SGL Carbon and gave the company a “sell” rating in a research note on Wednesday. Finally, Commerzbank set a €9.00 ($11.11) target price on shares of SGL Carbon and gave the company a “sell” rating in a research note on Friday, March 9th. Three research analysts have rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company’s stock. SGL Carbon presently has a consensus rating of “Hold” and an average target price of €11.96 ($14.76).
Shares of SGL Carbon (SGL) traded up €0.27 ($0.33) during trading on Wednesday, reaching €11.95 ($14.75). The company had a trading volume of 841,628 shares, compared to its average volume of 208,832. SGL Carbon has a 52 week low of €8.05 ($9.94) and a 52 week high of €14.70 ($18.15). The stock has a market capitalization of $1,460.00 and a price-to-earnings ratio of -45.96.
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.
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