SGL Carbon SE (SGL) Receives €12.50 Average Price Target from Analysts

Shares of SGL Carbon SE (ETR:SGL) have received an average recommendation of “Hold” from the seven ratings firms that are currently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating on the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is €12.50 ($14.88).

A number of equities analysts have recently commented on SGL shares. Warburg Research set a €13.00 ($15.48) price objective on shares of SGL Carbon and gave the stock a “neutral” rating in a research note on Monday, September 11th. Kepler Capital Markets set a €7.00 ($8.33) price objective on shares of SGL Carbon and gave the stock a “sell” rating in a research note on Monday, November 27th. J P Morgan Chase & Co set a €13.50 ($16.07) price objective on shares of SGL Carbon and gave the stock a “buy” rating in a research note on Monday, August 28th. S&P Global set a €13.00 ($15.48) price objective on shares of SGL Carbon and gave the stock a “neutral” rating in a research note on Friday, November 10th. Finally, Commerzbank set a €12.00 ($14.29) target price on shares of SGL Carbon and gave the company a “neutral” rating in a report on Wednesday, August 9th.

SGL Carbon (SGL) traded down €0.47 ($0.56) during trading on Thursday, hitting €10.85 ($12.92). 783,725 shares of the stock were exchanged, compared to its average volume of 357,179. SGL Carbon has a one year low of €7.78 ($9.26) and a one year high of €14.68 ($17.48).

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About SGL Carbon

SGL Carbon SE, together with its subsidiaries, manufactures and sells carbon and graphite products in Germany, the Asia Pacific/Middle East, rest of Europe, and North America. The company operates through two segments, Composites-Fibers & Materials; and Graphite Materials & Systems. It provides process solutions for the chemical and related industries; and equipment solutions, such as graphite and silicon carbide heat exchangers, special heat exchangers, quenchers, pumps, rupture disks, piping products, expansion joints/bellows, dip and intel pipes, liners and lining services, and supplementary components, as well as columns, reactors, and vessels.

Analyst Recommendations for SGL Carbon (ETR:SGL)

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