SGL Carbon (ETR:SGL) PT Set at €3.00 by Baader Bank
Baader Bank set a €3.00 ($3.37) price target on SGL Carbon (ETR:SGL) in a research report report published on Wednesday, Borsen Zeitung reports. The firm currently has a sell rating on the stock.
Separately, Kepler Capital Markets set a €2.30 ($2.58) target price on shares of SGL Carbon and gave the company a sell rating in a research note on Tuesday, May 26th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the company. The stock presently has a consensus rating of Hold and an average target price of €3.50 ($3.93).
ETR:SGL opened at €3.14 ($3.52) on Wednesday. SGL Carbon has a 1 year low of €2.03 ($2.28) and a 1 year high of €6.28 ($7.05). The firm has a 50 day moving average of €3.26 and a 200-day moving average of €3.28. The company has a current ratio of 2.58, a quick ratio of 1.43 and a debt-to-equity ratio of 98.66. The stock has a market capitalization of $383.32 million and a P/E ratio of -3.55.
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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