Suedzucker (SZU) PT Set at €24.00 by Nord/LB

Suedzucker (ETR:SZU) has been assigned a €24.00 ($27.91) price objective by investment analysts at Nord/LB in a research note issued on Thursday. The brokerage currently has a “buy” rating on the stock. Nord/LB’s price target would suggest a potential upside of 76.47% from the company’s previous close.

Other research analysts also recently issued research reports about the stock. DZ Bank reaffirmed a “neutral” rating on shares of Suedzucker in a research note on Monday, May 28th. Berenberg Bank set a €13.50 ($15.70) price target on Suedzucker and gave the stock a “neutral” rating in a report on Monday, March 19th. Goldman Sachs Group set a €11.00 ($12.79) price target on Suedzucker and gave the stock a “sell” rating in a report on Monday. Warburg Research set a €16.00 ($18.60) target price on Suedzucker and gave the company a “neutral” rating in a research report on Thursday, May 24th. Finally, Kepler Capital Markets set a €11.75 ($13.66) target price on Suedzucker and gave the company a “sell” rating in a research report on Friday, June 22nd. Five equities research analysts have rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of €15.53 ($18.05).

Shares of Suedzucker traded down €0.36 ($0.42), hitting €13.60 ($15.81), during midday trading on Thursday, Marketbeat reports. 428,808 shares of the stock were exchanged, compared to its average volume of 410,903. Suedzucker has a twelve month low of €14.59 ($16.97) and a twelve month high of €23.97 ($27.87).

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.

Analyst Recommendations for Suedzucker (ETR:SZU)

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