Goldman Sachs Group Reiterates “€16.20” Price Target for Suedzucker (SZU)

Suedzucker (ETR:SZU) has been given a €16.20 ($19.29) price target by analysts at Goldman Sachs Group in a report issued on Friday. The brokerage currently has a “neutral” rating on the stock. Goldman Sachs Group’s price target suggests a potential downside of 3.34% from the stock’s current price.

Other research analysts have also issued research reports about the stock. Commerzbank set a €27.00 ($32.14) price target on shares of Suedzucker and gave the company a “buy” rating in a research note on Thursday. Independent Research set a €18.00 ($21.43) price target on shares of Suedzucker and gave the company a “neutral” rating in a research note on Thursday. Berenberg Bank set a €18.30 ($21.79) price target on shares of Suedzucker and gave the company a “neutral” rating in a research note on Tuesday, October 17th. Kepler Capital Markets set a €17.00 ($20.24) price target on shares of Suedzucker and gave the company a “sell” rating in a research note on Thursday, October 12th. Finally, Warburg Research set a €18.50 ($22.02) price target on shares of Suedzucker and gave the company a “neutral” rating in a research note on Tuesday, November 28th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of €19.45 ($23.15).

Suedzucker (ETR:SZU) opened at €16.76 ($19.95) on Friday. Suedzucker has a one year low of €16.32 ($19.43) and a one year high of €25.39 ($30.23). The firm has a market cap of $3,420.00 and a P/E ratio of 14.57.

TRADEMARK VIOLATION NOTICE: This piece was first posted by Markets Daily and is owned by of Markets Daily. If you are accessing this piece on another domain, it was copied illegally and reposted in violation of US & international copyright laws. The correct version of this piece can be read at https://www.themarketsdaily.com/2018/01/12/goldman-sachs-group-reiterates-16-20-price-target-for-suedzucker-szu.html.

About Suedzucker

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.

Analyst Recommendations for Suedzucker (ETR:SZU)

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

Latest News

Leave a Reply