Analyst at Norddeutsche Landesbank Maintained The SGL Carbon (ETR:SGL) Hold Rating They’ve Had

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SGL Carbon (ETR:SGL) Rating Reaffirmed

SGL Carbon (ETR:SGL) has had their stock rating reaffirmed as a solid Hold by professional analysts at Norddeutsche Landesbank. This was shown in a recent research report on Thursday, 3 December.

From a total of 7 analysts covering SGL Carbon (ETR:SGL) stock, 1 rate it a ”Buy”, 2 a “Sell”, and 4 a ”Hold”. This means that 14% of the ratings are positive. The highest target price is €19.50 while the lowest target price is €11. The mean of all analyst targets is €15.05 with a 4.81% above today’s (€14.36) stock price. SGL Carbon was the topic of 13 analyst reports since July 22, 2015 according to the firm StockzIntelligence Inc. DZ-Bank AG downgraded shares on November 6 to “Sell” rating. Landesbank maintained shares with “Hold” rating and €15 target share price in a report from an August 26. Baader Wertpapierhandelsbank upgraded SGL stock in a recent report from November 5 to “Buy” rating. Commerzbank maintained the rating on August 6. Commerzbank has a “Hold” rating and a €14.50 price target on shares. Finally, Landesbank maintained the stock with “Hold” rating in a report issued on a September 17.

The stock decreased 1.64% or EUR 0.24 on December 2, striking EUR 14.36. Approximately 80,876 shares of stock traded hands. SGL Carbon SE (ETR:SGL) has risen 1.38% since April 30, 2015 and is uptrending. It has outperformed by 1.58% the S&P500.

Analyst at Norddeutsche Landesbank Maintained The SGL Carbon (ETR:SGL) Hold Rating They’ve Had

SGL Carbon SE, together with its subsidiaries, is a maker of carbon and graphite products. The company has a market cap of 1.32 billion EUR. The Firm supplies a spectrum of industries ranging from traditional industrial sectors to new future high-growth areas. It currently has negative earnings. The Firm operates in four divisions: Performance Products , which makes graphite electrodes for the production of steel in electric arc furnaces and carbon electrodes; Graphite Specialties (GS), which makes specialty graphites and a well-known provider for equipment and systems for the process technology; Carbon Fibers & Materials (CFM), which encompasses products based on carbon, glass and aramid fibers, and Corporate & Others (C&O), which includes manufacturing of equipment for chemical process (process technology).

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