Shares of SGL Carbon SE (ETR:SGL) have been given an average recommendation of “Hold” by the seven brokerages that are currently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, three have given a hold recommendation and two have assigned a buy recommendation to the company. The average 1 year target price among brokers that have covered the stock in the last year is €10.34 ($12.16).

A number of equities analysts have issued reports on SGL shares. Commerzbank Ag set a €10.00 ($11.76) price objective on shares of SGL Carbon SE and gave the stock a “neutral” rating in a report on Wednesday, July 26th. J P Morgan Chase & Co set a €7.85 ($9.24) price objective on shares of SGL Carbon SE and gave the stock a “sell” rating in a report on Saturday, May 20th. Societe Generale set a €12.00 ($14.12) price target on shares of SGL Carbon SE and gave the stock a “buy” rating in a report on Tuesday, June 6th. S&P Global set a €8.80 ($10.35) price target on shares of SGL Carbon SE and gave the stock a “sell” rating in a report on Monday, May 29th. Finally, Warburg Research set a €10.00 ($11.76) price target on shares of SGL Carbon SE and gave the stock a “neutral” rating in a report on Monday, May 29th.

COPYRIGHT VIOLATION NOTICE: This news story was first published by TheOlympiaReport and is the sole property of of TheOlympiaReport. If you are viewing this news story on another publication, it was copied illegally and reposted in violation of U.S. & international copyright legislation. The original version of this news story can be viewed at https://theolympiareport.com/2017/08/27/sgl-carbon-se-sgl-receives-average-rating-of-hold-from-brokerages.html.

SGL Carbon SE (SGL) traded down 0.60% on Tuesday, hitting €12.17. 39,618 shares of the company were exchanged. The stock has a 50 day moving average price of €11.12 and a 200 day moving average price of €9.93. SGL Carbon SE has a one year low of €7.80 and a one year high of €12.47. The firm’s market cap is €1.49 billion.

About SGL Carbon SE

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 SE (ETR:SGL)

Receive News & Ratings for SGL Carbon SE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SGL Carbon SE and related companies with Analyst Ratings Network's FREE daily email newsletter.