Salzgitter AG

SZG

DE0006202005

Iron & Steel

Market Closed - Xetra Other stock markets 11:35:02 2024-05-10 am EDT			5-day change	1st Jan Change
22.54 ^EUR	+0.62%		-6.71%	-19.50%

May. 07	SALZGITTER AG : JP Morgan reiterates its Neutral rating	ZD
May. 07	Baader Bank rates Salzgitter a 'Buy' - Target 45 euros	DP

SALZGITTER AG : Downgraded to Sell by JP Morgan

June 22, 2022 at 02:01 am EDT

JP Morgan's analyst Luke Nelson downgrades his rating from Neutral to Sell. The target price is revised downwards from EUR 44 to EUR 31.60.

Latest news about Salzgitter AG

SALZGITTER AG : JP Morgan reiterates its Neutral rating	May. 07	ZD
Baader Bank rates Salzgitter a 'Buy' - Target 45 euros	May. 07	DP
SALZGITTER AG : Receives a Buy rating from Baader Bank	May. 07	ZD
Steel manufacturer Salzgitter cuts forecast - economic uncertainties	May. 07	DP
Salzgitter share price collapses due to capped forecasts	May. 07	DP
Dpa-AFX Overview: COMPANIES from 07.05.2024 - 15:15	May. 07	DP
SALZGITTER AG : Jefferies remains Neutral	May. 07	ZD
Salzgitter slumps - forecasts scrapped	May. 07	DP
Thyssenkrupp shares rally - solution for steel business spurs rally	Apr. 26	DP
'It's just not enough' - industry dissatisfied with traffic lights	Apr. 22	DP
SALZGITTER AG : Deutsche Bank reaffirms its Neutral rating	Apr. 22	ZD
SALZGITTER AG : JP Morgan sticks Neutral	Apr. 16	ZD
Thyssenkrupp to downsize steel division - job cuts	Apr. 12	DP
SALZGITTER AG : Baader Bank remains its Buy rating	Apr. 09	ZD
Against Asian dominance: start of construction for Northvolts	Mar. 25	DP
SALZGITTER AG : Jefferies remains Neutral	Mar. 19	ZD
SALZGITTER AG : DZ Bank sticks Neutral	Mar. 18	ZD
SALZGITTER AG : Deutsche Bank sticks Neutral	Mar. 18	ZD
SALZGITTER AG : Gets a Neutral rating from JP Morgan	Mar. 15	ZD
Dpa-AFX Overview: COMPANIES from 15.03.2024 - 15:15	Mar. 15	DP
SALZGITTER AG : UBS sticks Neutral	Mar. 15	ZD
Transcript : Salzgitter AG, 2023 Earnings Call, Mar 15, 2024	Mar. 15
Jefferies rates Salzgitter at 'Hold' - Target 30 euros	Mar. 15	DP
Salzgitter sees slight recovery after profit slump	Mar. 15	DP
Salzgitter cannot convince for long - turn into the red	Mar. 15	DP

Salzgitter AG is a Germany-based producer of steel and steel products. The Company operates through five segments: The Strip Steel segment is composed of the operating companies Salzgitter Flachstahl GmbH, Salzgitter Bauelemente GmbH, Salzgitter Europlatinen GmbH and Salzgitter Mannesmann Stahlservice GmbH and produces strip steel in a wide variety of metallurgic compositions and dimensions. The Plate/Section Steel segment includes Ilsenburger Grobblech GmbH, Salzgitter Mannesmann Grobblech, Peiner Traeger GmbH and HSP Hoesch Spundwand und Profil GmbH and provides various pig iron, steel and steel products. The Mannesmann segment provides steel tubes and pipes and operates through Mannesmannroehren-Werke GmbH. The Trading segment is engaged in trading steel products through Salzgitter Mannesmann Handel GmbH and Universal Eisen und Stahl GmbH. The Technology segment provides products and services for manufacturers of machinery and plants for the filling and packaging of beverages.

Sector

Iron & Steel

Calendar

2024-05-13 - Q1 2024 Earnings Release

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Income Statement Evolution

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Ratings for Salzgitter AG

Trading Rating

Investor Rating

ESG Refinitiv

B+

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

22.54 EUR

Average target price

26.02 EUR

Spread / Average Target

+15.45%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Iron, Steel Mills & Foundries

	1st Jan change	Capi.
SALZGITTER AG	-19.50%	1.31B
JSW STEEL LIMITED	-3.02%	24.29B
BAOSHAN IRON & STEEL CO., LTD.	+18.55%	20.89B
CHINA STEEL CORPORATION	-8.15%	11.58B
JINDAL STEEL & POWER LIMITED	+24.39%	11.07B
INNER MONGOLIA BAOTOU STEEL UNION CO., LTD.	+10.27%	10.19B
TERNIUM S.A.	-0.68%	8.15B
BHARAT FORGE LIMITED	+12.78%	7.88B
JINDAL STAINLESS LIMITED	+20.20%	6.7B
BLUESCOPE STEEL LIMITED	-5.68%	6.49B

Iron, Steel Mills & Foundries

Salzgitter AG

Equities

SZG

DE0006202005

Iron & Steel

SALZGITTER AG : Downgraded to Sell by JP Morgan

Latest news about Salzgitter AG

Chart Salzgitter AG

Company Profile

Income Statement Evolution

Ratings for Salzgitter AG

Analysts' Consensus

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Iron, Steel Mills & Foundries