Suedzucker (ETR:SZU) has been assigned a €12.40 ($14.42) target price by Independent Research in a research report issued on Friday, September 21st. The brokerage currently has a “neutral” rating on the stock. Independent Research’s price target suggests a potential downside of 3.43% from the stock’s previous close.
Other equities analysts also recently issued research reports about the stock. Commerzbank set a €22.00 ($25.58) price objective on shares of Suedzucker and gave the company a “buy” rating in a research note on Thursday, July 12th. Nord/LB set a €24.00 ($27.91) price objective on shares of Suedzucker and gave the company a “buy” rating in a research note on Thursday, June 28th. DZ Bank restated a “neutral” rating on shares of Suedzucker in a research note on Monday, May 28th. Warburg Research set a €16.00 ($18.60) target price on shares of Suedzucker and gave the stock a “neutral” rating in a research note on Thursday, May 24th. Finally, Deutsche Bank set a €14.00 ($16.28) target price on shares of Suedzucker and gave the stock a “neutral” rating in a research note on Friday, September 21st. Six investment analysts have rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of €13.47 ($15.66).
Shares of SZU stock traded down €0.09 ($0.10) on Friday, reaching €12.84 ($14.93). 636,976 shares of the stock were exchanged, compared to its average volume of 410,903. Suedzucker has a twelve month low of €14.59 ($16.97) and a twelve month high of €23.97 ($27.87).
Suedzucker Company Profile
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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