Analyst Price Target is $29.18
▲ +650.00% Upside Potential
This price target is based on 8 analysts offering 12 month price targets for Salzgitter in the last 3 months. The average price target is $29.18, with a high forecast of $34.00 and a low forecast of $21.20. The average price target represents a 650.00% upside from the last price of $3.89.
Current Consensus is
Hold
The current consensus among 8 contributing investment analysts is to hold stock in Salzgitter. This Hold consensus rating has held steady for over two years.
Salzgitter AG engages in the manufacture of steel and technology products. It operates through the following segments: Strip Steel, Plate and Section Steel, Mannesmann,Trading, and Technology. The Strip Steel segment manufactures hot-rolled strip steel and steel sheet, sections, and tailored blanks. The Plate and Section Steel segment produces a broad spectrum of plate products. The Mannesmann segment comprises of line pipes, HFI-welded tubes, precision tubes, and stainless steel tubes. The Trading segment focuses on tightly-knit European sales network, as well as trading companies and agencies worldwide that ensure that the Salzgitter Group's products and services are marketed efficiently. The Technology segment consists of filling and packing technology segment, including special machinery engineering for shoe manufacturing and elastomer production. The company was founded on September 6, 1858 and is headquartered in Salzgitter, Germany.
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