Suedzucker AG (SZU) Given Average Rating of “Hold” by Brokerages

Shares of Suedzucker AG (ETR:SZU) have been given an average rating of “Hold” by the seven research firms that are currently covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating on the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is €20.24 ($22.74).

A number of research firms recently weighed in on SZU. Commerzbank Ag set a €27.00 ($30.34) price target on Suedzucker AG and gave the stock a “buy” rating in a report on Monday, June 5th. Warburg Research set a €18.20 ($20.45) price target on Suedzucker AG and gave the stock a “neutral” rating in a report on Monday, May 29th. Goldman Sachs Group, Inc. (The) set a €18.00 ($20.22) price target on Suedzucker AG and gave the stock a “sell” rating in a report on Monday, May 29th. Kepler Capital Markets set a €17.50 ($19.66) target price on Suedzucker AG and gave the company a “sell” rating in a research note on Monday, May 22nd. Finally, equinet AG set a €20.00 ($22.47) target price on Suedzucker AG and gave the company a “neutral” rating in a research note on Saturday, May 20th.

Shares of Suedzucker AG (ETR SZU) traded up 2.56% on Monday, hitting €19.62. The stock had a trading volume of 3,029 shares. The stock has a 50 day moving average price of €19.67 and a 200-day moving average price of €22.23. Suedzucker AG has a 12-month low of €16.41 and a 12-month high of €25.81. The company has a market cap of €4.01 billion and a price-to-earnings ratio of 18.76.

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