SGL Carbon (SGL) PT Set at €9.00 by Commerzbank

SGL Carbon (ETR:SGL) has been given a €9.00 ($11.11) price objective by Commerzbank in a note issued to investors on Friday, March 9th. The firm presently has a “sell” rating on the stock. Commerzbank’s target price suggests a potential downside of 21.40% from the stock’s previous close.

Several other research firms have also commented on SGL. Baader Bank set a €14.00 ($17.28) price target on shares of SGL Carbon and gave the company a “neutral” rating in a report on Wednesday, December 6th. Kepler Capital Markets set a €7.00 ($8.64) price target on shares of SGL Carbon and gave the company a “sell” rating in a report on Monday, November 27th. S&P Global set a €13.00 ($16.05) price target on shares of SGL Carbon and gave the company a “neutral” rating in a report on Friday, November 10th. Berenberg Bank set a €13.50 ($16.67) price target on shares of SGL Carbon and gave the company a “buy” rating in a report on Tuesday, December 12th. Finally, JPMorgan Chase set a €13.50 ($16.67) price target on shares of SGL Carbon and gave the company a “buy” rating in a report on Thursday, November 9th. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the company. SGL Carbon presently has a consensus rating of “Hold” and an average target price of €12.16 ($15.01).

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Shares of ETR:SGL remained flat at $€11.45 ($14.14) during midday trading on Friday. SGL Carbon has a 1 year low of €8.09 ($9.99) and a 1 year high of €14.70 ($18.15).

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SGL Carbon Company Profile

SGL Carbon SE, together with its subsidiaries, manufactures and sells carbon and graphite products in Germany, the Asia Pacific/Middle East, rest of Europe, and North America. The company operates through two segments, Composites-Fibers & Materials; and Graphite Materials & Systems. It provides process solutions for the chemical and related industries; and equipment solutions, such as graphite and silicon carbide heat exchangers, special heat exchangers, quenchers, pumps, rupture disks, piping products, expansion joints/bellows, dip and intel pipes, liners and lining services, and supplementary components, as well as columns, reactors, and vessels.

Analyst Recommendations for SGL Carbon (ETR:SGL)

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