Commerzbank Reiterates €9.00 Price Target for SGL Carbon (SGL)

Commerzbank set a €9.00 ($10.71) price target on SGL Carbon (ETR:SGL) in a report released on Tuesday. The firm currently has a sell rating on the stock.

Other analysts also recently issued research reports about the stock. JPMorgan Chase reiterated a buy rating on shares of SGL Carbon in a report on Thursday, April 26th. 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 Thursday, March 15th. 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 Wednesday, March 14th. 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 Tuesday, February 6th. Finally, Cfra set a €14.00 ($16.67) price target on shares of SGL Carbon and gave the company a neutral rating in a research note on Friday, March 16th. Three research analysts have rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company’s stock. SGL Carbon has an average rating of Hold and an average price target of €12.16 ($14.48).

SGL stock opened at €10.80 ($12.86) on Tuesday. SGL Carbon has a 12 month low of €8.09 ($9.63) and a 12 month high of €14.70 ($17.50).

About SGL Carbon

SGL Carbon SE manufactures and sells carbon and graphite products in Europe, Asia, Africa, Australia, and Latin and North America. The company operates in two business units, Composites-Fibers & Materials; and Graphite Materials & Systems. It provides process solutions for chemical and related industries; and equipment solutions, such as heat exchangers, quenchers, pumps, rupture disks, piping products, expansion joints/bellows, dip and intel pipes, liners and lining services, and other components, as well as columns, reactors, and vessels.

Analyst Recommendations for SGL Carbon (ETR:SGL)

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