Royal Bank Of Canada set a €2.00 ($2.38) target price on Steinhoff International (ETR:SNH) in a research report sent to investors on Wednesday morning. The firm currently has a neutral rating on the stock.
Several other equities research analysts have also recently weighed in on SNH. Deutsche Bank set a €4.55 ($5.42) target price on Steinhoff International and gave the stock a neutral rating in a research note on Friday, September 1st. Commerzbank set a €5.00 ($5.95) target price on Steinhoff International and gave the stock a neutral rating in a research note on Tuesday. J P Morgan Chase & Co set a €3.00 ($3.57) target price on Steinhoff International and gave the stock a neutral rating in a research note on Wednesday. Finally, Goldman Sachs Group set a €3.80 ($4.52) target price on Steinhoff International and gave the stock a neutral rating in a research note on Wednesday. Eight investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The stock presently has a consensus rating of Hold and a consensus target price of €4.41 ($5.25).
Steinhoff International (ETR SNH) traded down €0.43 ($0.51) during midday trading on Wednesday, reaching €0.67 ($0.80). The company’s stock had a trading volume of 143,007,169 shares, compared to its average volume of 7,740,000. Steinhoff International has a 12-month low of €3.03 ($3.61) and a 12-month high of €5.32 ($6.33).
COPYRIGHT VIOLATION WARNING: This piece was originally posted by Stock Observer and is the sole property of of Stock Observer. If you are reading this piece on another website, it was illegally copied and reposted in violation of US & international copyright laws. The legal version of this piece can be read at https://www.thestockobserver.com/2017/12/07/steinhoff-international-snh-given-a-2-00-price-target-by-royal-bank-of-canada-analysts.html.
Steinhoff International Company Profile
Steinhoff International Holdings N.V. manufactures, sources, and retails furniture, household goods, general merchandise, and automotive products in Europe, Australasia, the United States, and Africa. The company retails appliances, home accessories, consumer electronics and technology goods, building materials, and DIY products and accessories; and clothing, footwear, personal accessories, cellular products, and financial services.
Receive News & Ratings for Steinhoff International Holdings Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Steinhoff International Holdings and related companies with MarketBeat.com's FREE daily email newsletter.