Suedzucker (ETR:SZU) PT Set at €13.70 by Goldman Sachs Group
Goldman Sachs Group set a €13.70 ($15.39) target price on Suedzucker (ETR:SZU) in a research note issued to investors on Friday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
SZU has been the topic of a number of other research reports. DZ Bank reaffirmed a neutral rating on shares of Suedzucker in a research note on Tuesday, May 19th. Independent Research set a €15.00 ($16.85) price objective on Suedzucker and gave the company a neutral rating in a research report on Friday, June 19th. Finally, Warburg Research set a €15.60 ($17.53) target price on Suedzucker and gave the stock a neutral rating in a research note on Thursday, June 18th. Six investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. The company currently has an average rating of Hold and an average target price of €14.98 ($16.84).
Shares of ETR:SZU opened at €14.80 ($16.63) on Friday. The company has a current ratio of 2.06, a quick ratio of 0.87 and a debt-to-equity ratio of 55.94. Suedzucker has a 12 month low of €9.97 ($11.20) and a 12 month high of €17.16 ($19.28). The company has a market capitalization of $3.02 billion and a price-to-earnings ratio of -24.87. The firm’s 50-day moving average is €14.19 and its 200 day moving average is €14.08.
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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