Suedzucker (ETR:SZU) has been assigned a €14.50 ($16.86) price objective by investment analysts at Independent Research in a research note issued on Friday, Borsen Zeitung reports. The firm presently has a “sell” rating on the stock. Independent Research’s price target indicates a potential downside of 2.16% from the company’s current price.
SZU has been the subject of a number of other research reports. Berenberg Bank lowered their target price on shares of BT Group from GBX 260 ($3.40) to GBX 240 ($3.14) and set a “hold” rating for the company in a report on Tuesday, May 21st. Warburg Research set a €16.70 ($19.42) price target on shares of Suedzucker and gave the company a “neutral” rating in a report on Friday. DZ Bank reissued a “sell” rating on shares of Fielmann in a report on Friday. Goldman Sachs Group raised shares of Altria Group from a “neutral” rating to a “buy” rating and set a $59.00 price target for the company in a report on Thursday. Finally, Deutsche Bank reissued a “buy” rating and issued a GBX 3,400 ($44.43) price target on shares of in a report on Tuesday, July 9th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of €15.60 ($18.14).
SZU opened at €14.82 ($17.23) on Friday. The stock’s fifty day simple moving average is €14.43. The company has a quick ratio of 0.95, a current ratio of 2.10 and a debt-to-equity ratio of 40.50. Suedzucker has a 52 week low of €10.85 ($12.62) and a 52 week high of €16.20 ($18.84). The firm has a market cap of $3.03 billion and a price-to-earnings ratio of -3.58.
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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