SGL Carbon (ETR:SGL) received a €6.50 ($7.56) target price from research analysts at Kepler Capital Markets in a note issued to investors on Tuesday, Borsen Zeitung reports. The firm currently has a “neutral” rating on the stock. Kepler Capital Markets’ price target indicates a potential downside of 12.52% from the company’s current price.
Several other equities analysts have also recently weighed in on the stock. Deutsche Bank set a €7.50 ($8.72) price target on shares of SGL Carbon and gave the company a “neutral” rating in a research report on Tuesday. Baader Bank set a €9.00 ($10.47) price target on shares of SGL Carbon and gave the company a “buy” rating in a research report on Thursday, April 11th. Finally, Bank of America set a €6.00 ($6.98) price target on shares of SGL Carbon and gave the company a “sell” rating in a research report on Tuesday, January 8th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and five have assigned a buy rating to the company. SGL Carbon presently has a consensus rating of “Hold” and a consensus target price of €10.18 ($11.83).
Shares of ETR SGL opened at €7.43 ($8.64) on Tuesday. SGL Carbon has a fifty-two week low of €5.90 ($6.86) and a fifty-two week high of €12.07 ($14.03). The stock has a market capitalization of $908.47 million and a P/E ratio of 22.11. The company has a current ratio of 3.04, a quick ratio of 1.71 and a debt-to-equity ratio of 76.64.
SGL Carbon Company Profile
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.
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