Suedzucker (ETR:SZU) has been given a €10.50 ($12.21) price objective by stock analysts at Independent Research in a note issued to investors on Thursday. The brokerage currently has a “sell” rating on the stock. Independent Research’s price target indicates a potential downside of 18.22% from the stock’s current price.
Other research analysts also recently issued reports about the company. Nord/LB set a €24.00 ($27.91) target price on Suedzucker and gave the company a “buy” rating in a research report on Thursday, June 28th. Commerzbank set a €22.00 ($25.58) price target on Suedzucker and gave the stock a “buy” rating in a research report on Thursday, July 12th. Warburg Research set a €16.00 ($18.60) price target on Suedzucker and gave the stock a “neutral” rating in a research report on Monday, July 16th. DZ Bank restated a “neutral” rating on shares of Suedzucker in a research report on Monday, July 16th. Finally, Deutsche Bank set a €14.00 ($16.28) price target on Suedzucker and gave the stock a “neutral” rating in a research report on Friday, September 21st. Six analysts have rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company’s stock. Suedzucker has a consensus rating of “Hold” and a consensus price target of €13.47 ($15.66).
ETR SZU opened at €12.84 ($14.93) on Thursday. Suedzucker has a one year low of €14.59 ($16.97) and a one year high of €23.97 ($27.87).
Suedzucker Company Profile
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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