SGL Carbon (ETR:SGL) has been assigned a €9.00 ($10.47) price target by investment analysts at Kepler Capital Markets in a report released on Thursday. The firm presently has a “neutral” rating on the stock. Kepler Capital Markets’ price objective points to a potential upside of 28.76% from the stock’s previous close.
Several other research firms have also recently issued reports on SGL. Baader Bank set a €12.00 ($13.95) target price on shares of SGL Carbon and gave the company a “neutral” rating in a research note on Tuesday, August 14th. Cfra set a €13.00 ($15.12) price objective on shares of SGL Carbon and gave the stock a “buy” rating in a research report on Wednesday, August 8th. Berenberg Bank set a €13.50 ($15.70) price objective on shares of SGL Carbon and gave the stock a “buy” rating in a research report on Wednesday, August 8th. Societe Generale set a €14.50 ($16.86) price objective on shares of SGL Carbon and gave the stock a “buy” rating in a research report on Tuesday, November 6th. Finally, Commerzbank set a €9.00 ($10.47) price objective on shares of SGL Carbon and gave the stock a “sell” rating in a research report on Wednesday, November 7th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of €11.58 ($13.46).
SGL opened at €6.99 ($8.13) on Thursday. SGL Carbon has a 1 year low of €8.09 ($9.41) and a 1 year high of €14.70 ($17.09).
About SGL Carbon
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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