Suedzucker (ETR:SZU) received a €18.00 ($21.43) target price from analysts at Independent Research in a note issued to investors on Thursday. The firm currently has a “neutral” rating on the stock. Independent Research’s target price would suggest a potential upside of 9.32% from the company’s current price.
Several other research analysts also recently weighed in on SZU. Commerzbank set a €27.00 ($32.14) target price on shares of Suedzucker and gave the company a “buy” rating in a research note on Monday, September 18th. Nord/LB set a €28.00 ($33.33) price target on shares of Suedzucker and gave the company a “buy” rating in a report on Wednesday, September 27th. equinet set a €18.50 ($22.02) price target on shares of Suedzucker and gave the company a “neutral” rating in a report on Monday, October 9th. Goldman Sachs Group set a €17.70 ($21.07) price target on shares of Suedzucker and gave the company a “sell” rating in a report on Tuesday, October 10th. Finally, Kepler Capital Markets set a €17.00 ($20.24) price target on shares of Suedzucker and gave the company a “sell” rating in a report on Thursday, October 12th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the company. Suedzucker has an average rating of “Hold” and a consensus price target of €19.45 ($23.15).
Shares of Suedzucker (SZU) traded down €0.30 ($0.36) during mid-day trading on Thursday, hitting €16.47 ($19.60). 1,545,757 shares of the stock traded hands, compared to its average volume of 644,306. The stock has a market capitalization of $3,360.00 and a P/E ratio of 14.32. Suedzucker has a fifty-two week low of €16.47 ($19.61) and a fifty-two week high of €25.39 ($30.23).
Suedzucker Company Profile
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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