Suedzucker (ETR:SZU) has been given a €13.50 ($16.67) price objective by equities researchers at Berenberg Bank in a research report issued on Monday. The brokerage currently has a “neutral” rating on the stock. Berenberg Bank’s target price would indicate a potential downside of 8.35% from the stock’s current price.
A number of other brokerages have also recently weighed in on SZU. Independent Research set a €18.00 ($22.22) price target on shares of Suedzucker and gave the company a “neutral” rating in a research report on Thursday, January 11th. Commerzbank set a €27.00 ($33.33) price target on shares of Suedzucker and gave the company a “buy” rating in a research report on Thursday, January 11th. DZ Bank reiterated a “neutral” rating on shares of Suedzucker in a research report on Tuesday, January 16th. Kepler Capital Markets set a €16.00 ($19.75) price target on shares of Suedzucker and gave the company a “sell” rating in a research report on Monday, January 8th. Finally, Goldman Sachs set a €16.20 ($20.00) price target on shares of Suedzucker and gave the company a “neutral” rating in a research report on Friday, January 12th. Three research analysts have rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of €17.95 ($22.16).
Shares of Suedzucker stock opened at €14.73 ($18.19) on Monday. Suedzucker has a 12-month low of €14.59 ($18.01) and a 12-month high of €23.97 ($29.59). The firm has a market cap of $3,100.00 and a PE ratio of 15.67.
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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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