SGL Carbon (SGL) Given a €9.00 Price Target at Bank of America

SGL Carbon (ETR:SGL) received a €9.00 ($10.71) price objective from equities research analysts at Bank of America in a research report issued to clients and investors on Tuesday. The firm currently has a “sell” rating on the stock. Bank of America’s target price would indicate a potential downside of 27.24% from the company’s current price.

A number of other equities research analysts have also weighed in on the stock. Commerzbank set a €9.00 ($10.71) price objective on shares of SGL Carbon and gave the company a “sell” rating in a report on Thursday, December 14th. Berenberg Bank set a €13.50 ($16.07) price objective on shares of SGL Carbon and gave the company a “buy” rating in a report on Tuesday, December 12th. Baader Bank set a €14.00 ($16.67) price objective on shares of SGL Carbon and gave the company a “neutral” rating in a report on Wednesday, December 6th. Societe Generale set a €15.00 ($17.86) price objective on shares of SGL Carbon and gave the company a “buy” rating in a report on Monday, November 27th. Finally, Kepler Capital Markets set a €7.00 ($8.33) price objective on shares of SGL Carbon and gave the company a “sell” rating in a report on Monday, November 27th. Three investment analysts have rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of €11.89 ($14.15).

Shares of SGL Carbon (SGL) opened at €12.37 ($14.73) on Tuesday. SGL Carbon has a twelve month low of €7.83 ($9.32) and a twelve month high of €14.70 ($17.50). The firm has a market cap of $1,510.00 and a PE ratio of -47.58.

COPYRIGHT VIOLATION WARNING: “SGL Carbon (SGL) Given a €9.00 Price Target at Bank of America” was originally reported by Community Financial News and is owned by of Community Financial News. If you are reading this report on another domain, it was stolen and republished in violation of U.S. and international copyright & trademark law. The original version of this report can be accessed at https://www.com-unik.info/2018/01/11/sgl-carbon-sgl-given-a-9-00-price-target-at-bank-of-america.html.

SGL Carbon 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.

Analyst Recommendations for SGL Carbon (ETR:SGL)

Receive News & Ratings for SGL Carbon Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SGL Carbon and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit