Kepler Capital Markets set a €6.50 ($7.56) price target on SGL Carbon (ETR:SGL) in a research report released on Wednesday, March 27th, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
A number of other research analysts have also weighed in on SGL. Commerzbank set a €9.00 ($10.47) price objective on shares of SGL Carbon and gave the company a sell rating in a research note on Thursday, December 6th. Baader Bank set a €12.00 ($13.95) price target on shares of SGL Carbon and gave the company a neutral rating in a research report on Friday, December 7th. Deutsche Bank set a €7.00 ($8.14) price target on shares of SGL Carbon and gave the company a neutral rating in a research report on Tuesday, December 18th. Finally, Bank of America set a €6.00 ($6.98) price target on shares of SGL Carbon and gave the company a sell rating in a research report on Tuesday, January 8th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and five have issued a buy rating to the company’s stock. The company presently has an average rating of Hold and an average price target of €10.12 ($11.77).
Shares of SGL traded down €0.18 ($0.21) during trading hours on Wednesday, hitting €8.05 ($9.36). 146,330 shares of the stock were exchanged, compared to its average volume of 248,478. The stock has a market cap of $984.28 million and a PE ratio of 23.96. SGL Carbon has a fifty-two week low of €5.90 ($6.86) and a fifty-two week high of €12.07 ($14.03). The company has a quick ratio of 1.71, a current ratio of 3.04 and a debt-to-equity ratio of 76.64.
SGL Carbon SE manufactures and sells carbon and graphite products in Europe, Asia, Africa, Australia, and Latin and North America. The company operates in two business units, Composites-Fibers & Materials; and Graphite Materials & Systems. It provides process solutions for chemical and related industries; and equipment solutions, such as heat exchangers, quenchers, pumps, rupture disks, piping products, expansion joints/bellows, dip and intel pipes, liners and lining services, and other components, as well as columns, reactors, and vessels.
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