Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

Salzgitter (ETR:SZG) Was Increased by Analysts at Deutsche Bank AG to a “Buy” Rating with EUR 42.00 TP

Deutsche Securities Analyst Rating Change Salzgitter ETR:SZG

Salzgitter (ETR:SZG) Upgrade

Salzgitter (ETR:SZG) was upgraded by Deutsche Bank AG to “Buy” rating in an analyst note issued to investors and clients on 14 January. The firm from today has EUR 42.00 target price on the stock. Deutsche Bank AG’s target is 18.51 % from SZG’s last price.

This stock rating upgrade is well received by stock traders, as ETR:SZG is right now trading 1.04% higher at EUR 35.51 as of 12:02 AM Frankfurt time. Salzgitter’s stock is 0% in the last 200 days. It has underperformed the S&P 500 Index, which has added 10.43% in the same time period.

SZG Stock Chart

Salzgitter (ETR:SZG) Profile

Salzgitter AG is a Germany-based producer of steel and steel products. The Company operates through five segments: The Strip Steel segment is composed of the operating companies Salzgitter Flachstahl GmbH, Salzgitter Bauelemente GmbH, Salzgitter Europlatinen GmbH and Salzgitter Mannesmann Stahlservice GmbH and produces strip steel in a wide variety of metallurgic compositions and dimensions. The Plate/Section Steel segment includes Ilsenburger Grobblech GmbH, Salzgitter Mannesmann Grobblech, Peiner Traeger GmbH and HSP Hoesch Spundwand und Profil GmbH and provides various pig iron, steel and steel products.

Salzgitter (ETR:SZG) traded up 1.04% on 14 January, hitting EUR 35.51. A total of 213,959 shares of the company’s stock traded hands. This is down from average of 241,695 shares. Salzgitter has a 52 week low of EUR 16.81 and a 52 week high of EUR 35.73. The company has a market cap of 2.13 billion EUR and a P/E ratio of 465.76.

Get the latest Salzgitter (ETR:SZG) Stock Ratings at Octafinance. Completely free access to our Analyst Ratings Database for 6000+ stocks.

The post Salzgitter (ETR:SZG) Was Increased by Analysts at Deutsche Bank AG to a “Buy” Rating with EUR 42.00 TP appeared first on Octafinance.



This post first appeared on Octafinance – Financial News, Reports And Intell, please read the originial post: here

Share the post

Salzgitter (ETR:SZG) Was Increased by Analysts at Deutsche Bank AG to a “Buy” Rating with EUR 42.00 TP

×

Subscribe to Octafinance – Financial News, Reports And Intell

Get updates delivered right to your inbox!

Thank you for your subscription

×