Suedzucker (ETR:SZU) received a €18.30 ($21.79) price target from equities researchers at Berenberg Bank in a research report issued on Friday. The firm currently has a “neutral” rating on the stock. Berenberg Bank’s price objective would indicate a potential upside of 11.14% from the stock’s current price.
Several other research analysts also recently issued reports on the stock. Kepler Capital Markets set a €16.00 ($19.05) price objective on shares of Suedzucker and gave the stock a “sell” rating in a report on Monday, January 8th. Goldman Sachs Group set a €17.00 ($20.24) price objective on shares of Suedzucker and gave the stock a “neutral” rating in a report on Friday, November 3rd. Commerzbank set a €27.00 ($32.14) price objective on shares of Suedzucker and gave the stock a “buy” rating in a report on Monday, September 18th. BNP Paribas set a €17.00 ($20.24) price objective on shares of Suedzucker and gave the stock a “neutral” rating in a report on Friday, October 13th. Finally, equinet set a €15.50 ($18.45) price objective on shares of Suedzucker and gave the stock a “sell” rating in a report on Monday, October 16th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company. Suedzucker currently has an average rating of “Hold” and a consensus target price of €19.45 ($23.15).
Suedzucker (ETR:SZU) opened at €16.47 ($19.60) on Friday. Suedzucker has a twelve month low of €16.47 ($19.61) and a twelve month high of €25.39 ($30.23). The stock has a market cap of $3,360.00 and a PE ratio of 14.32.
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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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