Berenberg Bank set a €7.50 ($8.72) target price on SGL Carbon (ETR:SGL) in a report issued on Friday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
A number of other equities research analysts have also recently weighed in on SGL. Deutsche Bank set a €7.50 ($8.72) price target on shares of SGL Carbon and gave the company a neutral rating in a research report on Wednesday, August 7th. HSBC 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 Thursday, August 8th. Baader Bank set a €9.00 ($10.47) price target on shares of SGL Carbon and gave the company a buy rating in a research report on Tuesday, August 6th. Finally, Kepler Capital Markets set a €6.50 ($7.56) price target on shares of SGL Carbon and gave the company a neutral rating in a research report on Tuesday, May 7th. Two analysts have rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the stock. The company currently has a consensus rating of Hold and a consensus target price of €8.72 ($10.14).
Shares of SGL opened at €5.51 ($6.41) on Friday. SGL Carbon has a 1-year low of €5.45 ($6.33) and a 1-year high of €12.00 ($13.95). The stock has a market capitalization of $673.71 million and a PE ratio of 196.79. The company has a current ratio of 2.99, a quick ratio of 1.69 and a debt-to-equity ratio of 109.59. The company has a fifty day moving average of €6.35.
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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