SGL Carbon SE (SGL) Receives €12.01 Consensus PT from Brokerages

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Shares of SGL Carbon SE (ETR:SGL) have received a consensus rating of “Hold” from the ten ratings firms that are covering the firm, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is €12.01 ($13.97).

A number of research firms have weighed in on SGL. Societe Generale set a €13.50 ($15.70) price objective on SGL Carbon and gave the company a “buy” rating in a research note on Tuesday, August 7th. Commerzbank set a €9.00 ($10.47) price objective on SGL Carbon and gave the company a “sell” rating in a research note on Friday, August 3rd. Baader Bank set a €14.00 ($16.28) target price on SGL Carbon and gave the company a “neutral” rating in a research report on Tuesday, August 7th. Cfra set a €13.00 ($15.12) target price on SGL Carbon and gave the company a “buy” rating in a research report on Friday, May 11th. Finally, JPMorgan Chase & Co. set a €14.10 ($16.40) target price on SGL Carbon and gave the company a “buy” rating in a research report on Tuesday, August 7th.

SGL Carbon stock traded down €0.04 ($0.05) during trading hours on Friday, reaching €10.38 ($12.07). 117,098 shares of the company’s stock traded hands, compared to its average volume of 248,478. SGL Carbon has a fifty-two week low of €8.09 ($9.41) and a fifty-two week 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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Analyst Recommendations for SGL Carbon (ETR:SGL)

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