Berenberg Bank set a €4.20 ($4.88) price target on SGL Carbon (ETR:SGL) in a research note published on Tuesday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

A number of other equities research analysts also recently weighed in on the company. HSBC set a €4.00 ($4.65) target price on SGL Carbon and gave the stock a neutral rating in a report on Wednesday, October 30th. Baader Bank set a €3.00 ($3.49) target price on SGL Carbon and gave the stock a sell rating in a report on Friday, October 25th. Deutsche Bank set a €5.30 ($6.16) target price on SGL Carbon and gave the stock a neutral rating in a report on Thursday, August 15th. Finally, Kepler Capital Markets set a €3.00 ($3.49) target price on SGL Carbon and gave the stock a sell rating in a report on Wednesday, October 30th. Four analysts have rated the stock with a sell rating and three have given a hold rating to the company’s stock. SGL Carbon presently has an average rating of Sell and an average target price of €4.93 ($5.73).

SGL stock traded up €0.06 ($0.07) during mid-day trading on Tuesday, reaching €4.80 ($5.58). The company’s stock had a trading volume of 165,448 shares, compared to its average volume of 248,478. The company has a market cap of $580.79 million and a price-to-earnings ratio of -7.24. The business’s 50 day moving average price is €4.43 and its 200 day moving average price is €5.84. The company has a current ratio of 3.02, a quick ratio of 1.72 and a debt-to-equity ratio of 96.57. SGL Carbon has a 12 month low of €3.57 ($4.15) and a 12 month high of €9.39 ($10.92).

About SGL Carbon

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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Analyst Recommendations for SGL Carbon (ETR:SGL)

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