Salzgitter AG

SZG

DE0006202005

Iron & Steel

Market Closed - Xetra Other stock markets 11:35:17 2023-12-08 am EST			After market 03:59:15 pm
27 ^EUR	+0.37%		26.86	-0.52%

Dec. 07	WDH/Salzgitter Group extends contract with Executive Board member Groebler	DP
Dec. 07	Thyssenkrupp may have to pay up to forge steel business deal	RE

SALZGITTER AG : JP Morgan reaffirms its Sell rating

September 25, 2023 at 02:23 am EDT

Moses Ola from JP Morgan retains his negative opinion on the stock with a Sell rating. The target price is reduced from EUR 20.20 to EUR 17.60.

Latest news about Salzgitter AG

WDH/Salzgitter Group extends contract with Executive Board member Groebler	Dec. 07	DP
Thyssenkrupp may have to pay up to forge steel business deal	Dec. 07	RE
Jefferies starts Salzgitter with 'Hold' - Target 30 euros	Dec. 04	DP
SALZGITTER AG : Jefferies sticks Neutral	Dec. 04	ZD
First warning strikes in the steel industry after the end of the peace obligation	Dec. 01	DP
Steel industry wage dispute: IG Metall calls for warning strikes	Nov. 30	DP
Unknown co-owner owner of Borusan acquired 23% stake in Borusan Mannesmann Boru Sanayi ve Ticaret A.S..	Nov. 28	CI
Salzgitter CEO Says Germany at Risk of Deindustrialization Amid Higher Energy Costs	Nov. 27	MT
Thousands of employees demonstrate for industrial electricity prices	Nov. 24	DP
German budget hole puts industry at risk, steel sector warns	Nov. 23	RE
German steel sector: budget hole has caused 'loss of confidence'	Nov. 23	RE
Salzgitter AG: Demand for restructuring stands despite ruling on climate fund	Nov. 16	DP
SALZGITTER AG : DZ Bank reiterates its Neutral rating	Nov. 14	ZD
Habeck: Hydrogen core network to comprise 9700 kilometers	Nov. 14	DP
SALZGITTER AG : Deutsche Bank sticks Neutral	Nov. 14	ZD
SALZGITTER AG : JP Morgan sticks Neutral	Nov. 13	ZD
SALZGITTER AG : UBS sticks Neutral	Nov. 13	ZD
SALZGITTER AG : Gets a Neutral rating from JP Morgan	Nov. 13	ZD
Baader Bank rates Salzgitter a 'Buy' - Target 45 euros	Nov. 13	DP
SALZGITTER AG : Baader Bank reiterates its Buy rating	Nov. 13	ZD
Salzgitter AG Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 13	CI
Transcript : Salzgitter AG, Q3 2023 Earnings Call, Nov 13, 2023	Nov. 12	CI
Steel wage negotiations begin - IG Metall wants 32-hour week	Nov. 12	DP
Reports on industrial electricity price drive chemical and metal stocks	Nov. 09	DP
Dpa-AFX Overview: COMPANIES from 03.11.2023 - 15:15	Nov. 03	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

2024-03-15 - Q4 2023 Earnings Release

More about the company

Income Statement Evolution

More financial data

Ratings for Salzgitter AG

Trading Rating :

Investor Rating :

ESG Refinitiv :

B+

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

27EUR

Average target price

28.99EUR

Spread / Average Target

+7.37%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Iron, Steel Mills & Foundries

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SALZGITTER AG	-5.33%	1 570 M $
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