SGL Carbon (ETR:SGL) received a €15.00 ($18.52) price target from equities researchers at Societe Generale in a note issued to investors on Wednesday. The brokerage presently has a “buy” rating on the stock. Societe Generale’s price objective indicates a potential upside of 25.52% from the stock’s previous close.
Several other equities analysts have also recently commented on SGL. Kepler Capital Markets set a €7.00 ($8.64) price objective on shares of SGL Carbon and gave the company a “sell” rating in a research note on Monday, November 27th. Baader Bank set a €14.00 ($17.28) price objective on shares of SGL Carbon and gave the company a “neutral” rating in a research note on Monday, November 27th. Berenberg Bank set a €13.50 ($16.67) price objective on shares of SGL Carbon and gave the company a “buy” rating in a research note on Tuesday, December 12th. Commerzbank set a €9.00 ($11.11) price objective on shares of SGL Carbon and gave the company a “sell” rating in a research note on Thursday, December 14th. Finally, Bank of America set a €9.00 ($11.11) price objective on shares of SGL Carbon and gave the company a “sell” rating in a research note on Tuesday, January 9th. Three research analysts have rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the stock. SGL Carbon has an average rating of “Hold” and an average price target of €11.96 ($14.76).
SGL Carbon (ETR:SGL) traded up €0.27 ($0.33) during trading on Wednesday, reaching €11.95 ($14.75). The company had a trading volume of 841,628 shares, compared to its average volume of 208,832. The firm has a market capitalization of $1,480.00 and a price-to-earnings ratio of -45.96. SGL Carbon has a 52-week low of €8.05 ($9.94) and a 52-week high of €14.70 ($18.15).
TRADEMARK VIOLATION WARNING: “SGL Carbon (SGL) Given a €15.00 Price Target at Societe Generale” was published by Markets Daily and is owned by of Markets Daily. If you are viewing this piece of content on another publication, it was copied illegally and republished in violation of United States & international trademark and copyright law. The original version of this piece of content can be read at https://www.themarketsdaily.com/2018/03/14/sgl-carbon-sgl-given-a-15-00-price-target-at-societe-generale.html.
SGL Carbon SE, together with its subsidiaries, manufactures and sells carbon and graphite products in Germany, the Asia Pacific/Middle East, rest of Europe, and North America. The company operates through two segments, Composites-Fibers & Materials; and Graphite Materials & Systems. It provides process solutions for the chemical and related industries; and equipment solutions, such as graphite and silicon carbide heat exchangers, special heat exchangers, quenchers, pumps, rupture disks, piping products, expansion joints/bellows, dip and intel pipes, liners and lining services, and supplementary components, as well as columns, reactors, and vessels.
Receive News & Ratings for SGL Carbon Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SGL Carbon and related companies with MarketBeat.com's FREE daily email newsletter.