SGL Carbon (ETR:SGL) Given a €3.00 Price Target by Baader Bank Analysts

Baader Bank set a €3.00 ($3.49) price objective on SGL Carbon (ETR:SGL) in a research note published on Thursday morning, Borsen Zeitung reports. The brokerage currently has a sell rating on the stock.

Several other equities research analysts have also recently weighed in on the company. HSBC set a €4.00 ($4.65) price target on SGL Carbon and gave the stock a neutral rating in a research note on Friday, September 6th. Berenberg Bank set a €3.50 ($4.07) target price on shares of SGL Carbon and gave the company a neutral rating in a research note on Friday, August 16th. Finally, Deutsche Bank set a €5.30 ($6.16) target price on shares of SGL Carbon and gave the company a neutral rating in a research note on Thursday, August 15th. Three research analysts have rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the stock. The stock has a consensus rating of Hold and an average target price of €7.03 ($8.18).

Shares of ETR:SGL traded up €0.21 ($0.24) on Thursday, hitting €5.08 ($5.90). 521,023 shares of the company’s stock were exchanged, compared to its average volume of 248,478. The company has a market capitalization of $620.53 million and a PE ratio of 181.25. The firm’s 50-day moving average is €5.20 and its 200 day moving average is €6.78. SGL Carbon has a 1-year low of €3.57 ($4.15) and a 1-year high of €10.58 ($12.30). The company has a debt-to-equity ratio of 109.59, a quick ratio of 1.69 and a current ratio of 2.99.

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.

Featured Article: Google Finance Portfolio Tips and Tricks

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


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