Shares of Suedzucker AG (ETR:SZU) have been given an average recommendation of “Hold” by the ten research firms that are covering the stock, Marketbeat reports. Four analysts have rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is €14.34 ($16.67).
SZU has been the subject of a number of analyst reports. Warburg Research set a €11.30 ($13.14) price target on Suedzucker and gave the company a “sell” rating in a research report on Tuesday, February 5th. Goldman Sachs Group set a €12.00 ($13.95) price target on Suedzucker and gave the company a “neutral” rating in a research report on Wednesday, January 30th. DZ Bank restated a “sell” rating on shares of Suedzucker in a research report on Friday, October 26th. Commerzbank set a €22.00 ($25.58) price target on Suedzucker and gave the company a “buy” rating in a research report on Thursday, October 18th. Finally, Berenberg Bank set a €13.00 ($15.12) price target on Suedzucker and gave the company a “neutral” rating in a research report on Thursday, January 17th.
Shares of Suedzucker stock traded up €0.29 ($0.34) during mid-day trading on Wednesday, reaching €13.81 ($16.06). 401,113 shares of the stock traded hands, compared to its average volume of 410,903. Suedzucker has a fifty-two week low of €14.59 ($16.97) and a fifty-two week high of €23.97 ($27.87).
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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