Goldman Sachs Group set a €13.10 ($15.23) price objective on Suedzucker (ETR:SZU) in a research note issued to investors on Thursday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Several other research analysts also recently weighed in on the company. Berenberg Bank reduced their target price on BT Group from GBX 260 ($3.40) to GBX 240 ($3.14) and set a hold rating for the company in a research note on Tuesday, May 21st. Independent Research set a €11.70 ($13.60) target price on Nordex and gave the stock a sell rating in a research note on Wednesday, May 22nd. DZ Bank reaffirmed a neutral rating on shares of Bechtle in a research note on Tuesday, May 21st. Warburg Research set a €16.70 ($19.42) target price on Suedzucker and gave the stock a buy rating in a research note on Tuesday, June 11th. Finally, Deutsche Bank reiterated a buy rating and set a GBX 3,400 ($44.43) price target on shares of in a research report on Tuesday, July 9th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the stock. The company currently has an average rating of Hold and an average price target of €15.60 ($18.14).
Shares of SZU stock opened at €14.82 ($17.23) on Thursday. The company has a current ratio of 2.10, a quick ratio of 0.95 and a debt-to-equity ratio of 40.50. The firm has a market cap of $3.03 billion and a P/E ratio of -3.58. The stock’s 50 day simple moving average is €14.43. Suedzucker has a 1-year low of €10.85 ($12.62) and a 1-year high of €16.20 ($18.84).
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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