Shares of Steinhoff International Holdings NV (ETR:SNH) have received an average recommendation of “Hold” from the nine brokerages that are presently covering the firm, MarketBeat Ratings reports. Eight investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average twelve-month target price among analysts that have covered the stock in the last year is €4.39 ($5.42).
SNH has been the topic of a number of research analyst reports. Royal Bank of Canada set a €2.00 ($2.47) price target on Steinhoff International and gave the company a “neutral” rating in a report on Thursday, March 1st. JPMorgan Chase & Co. set a €3.00 ($3.70) price target on Steinhoff International and gave the company a “neutral” rating in a report on Wednesday, December 6th. Goldman Sachs Group set a €3.80 ($4.69) price target on Steinhoff International and gave the company a “neutral” rating in a report on Wednesday, December 6th. Deutsche Bank reaffirmed a “neutral” rating on shares of Steinhoff International in a report on Tuesday, November 28th. Finally, Commerzbank set a €5.00 ($6.17) price target on Steinhoff International and gave the company a “neutral” rating in a report on Tuesday, December 5th.
Shares of Steinhoff International (SNH) traded down €0.01 ($0.01) during trading hours on Friday, hitting €0.29 ($0.36). The stock had a trading volume of 22,622,935 shares, compared to its average volume of 20,740,000. Steinhoff International has a 1 year low of €0.25 ($0.31) and a 1 year high of €5.07 ($6.26).
Steinhoff International Company Profile
Steinhoff International Holdings N.V. manufactures, sources, and retails furniture, household goods, general merchandise, and automotive products in Europe, Australasia, the United States, and Africa. The company retails appliances, home accessories, consumer electronics and technology goods, building materials, and DIY products and accessories; and clothing, footwear, personal accessories, cellular products, and financial services.
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