Suedzucker AG (SZU) Given Average Rating of “Hold” by Brokerages

Suedzucker AG (ETR:SZU) has received an average recommendation of “Hold” from the eleven ratings firms that are covering the firm, MarketBeat Ratings reports. Six investment analysts have rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating on the company. The average 12 month target price among brokerages that have covered the stock in the last year is €13.50 ($15.69).

Several equities analysts recently issued reports on SZU shares. Warburg Research set a €11.20 ($13.02) price target on shares of Suedzucker and gave the company a “neutral” rating in a research report on Monday, October 15th. DZ Bank reiterated a “sell” rating on shares of Suedzucker in a research report on Friday, October 26th. Deutsche Bank set a €13.50 ($15.70) price target on shares of Suedzucker and gave the company a “neutral” rating in a research report on Friday, October 12th. Berenberg Bank set a €9.00 ($10.47) price target on shares of Suedzucker and gave the company a “sell” rating in a research report on Friday, October 12th. Finally, Goldman Sachs Group set a €10.50 ($12.21) price target on shares of Suedzucker and gave the company a “sell” rating in a research report on Thursday, September 20th.

SZU stock opened at €13.03 ($15.15) on Friday. Suedzucker has a 12-month low of €14.59 ($16.97) and a 12-month high of €23.97 ($27.87).

Suedzucker Company Profile

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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Analyst Recommendations for Suedzucker (ETR:SZU)

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