SGL Carbon SE (SGL) Given a €14.00 Price Target at Baader Bank

Baader Bank set a €14.00 ($16.47) target price on SGL Carbon SE (ETR:SGL) in a research note issued to investors on Friday. The firm currently has a neutral rating on the stock.

SGL has been the subject of a number of other reports. S&P Global set a €11.50 ($13.53) price target on SGL Carbon SE and gave the stock a neutral rating in a report on Friday, August 11th. Societe Generale set a €12.00 ($14.12) price target on SGL Carbon SE and gave the stock a buy rating in a report on Friday, August 11th. Warburg Research set a €13.00 ($15.29) price target on SGL Carbon SE and gave the stock a neutral rating in a report on Thursday. Commerzbank Ag set a €12.00 ($14.12) price target on SGL Carbon SE and gave the stock a neutral rating in a report on Wednesday, August 9th. Finally, J P Morgan Chase & Co set a €13.50 ($15.88) price target on SGL Carbon SE and gave the stock a buy rating in a report on Monday, August 28th. One analyst has rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company’s stock. The company presently has an average rating of Hold and a consensus target price of €11.86 ($13.95).

Shares of SGL Carbon SE (ETR:SGL) traded down €0.14 ($0.16) during midday trading on Friday, reaching €13.49 ($15.87). The company’s stock had a trading volume of 193,134 shares, compared to its average volume of 323,984. SGL Carbon SE has a 12 month low of €7.78 ($9.15) and a 12 month high of €14.68 ($17.27).

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SGL Carbon SE Company Profile

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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