Salzgitter AG

SZG

DE0006202005

Iron & Steel

Market Closed - Xetra Other stock markets 11:35:09 2024-04-26 am EDT			5-day change	1st Jan Change
24.02 ^EUR	+5.26%		+2.91%	-14.21%

Apr. 26	Thyssenkrupp shares rally - solution for steel business spurs rally	DP
Apr. 22	'It's just not enough' - industry dissatisfied with traffic lights	DP

Jefferies rates Salzgitter at 'Hold' - Target 30 euros

March 15, 2024 at 07:50 am EDT

NEW YORK (dpa-AFX Broker) - The analyst firm Jefferies has left its rating for Salzgitter AG at "Hold" with a target price of 30 euros. The operating result for the fourth quarter was weaker than expected, analyst Cole Hathorn wrote on Friday morning after the figures. However, the outlook for 2024 underpins the market consensus./ag/mis

Publication of the original study: 15.03.2024 / 03:35 / ET

First publication of the original study: 15.03.2024 / 03:35 / ET

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Latest news about Salzgitter AG

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 : Jefferies remains Neutral	Mar. 15	ZD
SALZGITTER AG : JP Morgan reaffirms its Neutral rating	Mar. 15	ZD
Skoda plans entry-level electric car for around 25,000 euros	Mar. 15	DP
Salzgitter sees slight recovery - lower dividend after profit slump	Mar. 15	DP
Salzgitter AG Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 15	CI
Salzgitter AG draws up balance sheet for 2023	Mar. 15	DP
Own power plants protect VW from attacks on the power grid	Mar. 06	DP
SALZGITTER AG : Baader Bank gives a Buy rating	Mar. 06	ZD

Chart Salzgitter AG

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Company Profile

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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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

24.02 EUR

Average target price

26.17 EUR

Spread / Average Target

+8.94%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Iron, Steel Mills & Foundries

	1st Jan change	Capi.
SALZGITTER AG	-14.21%	1.39B
JSW STEEL LIMITED	+0.70%	25.86B
BAOSHAN IRON & STEEL CO., LTD.	+19.56%	21.28B
CHINA STEEL CORPORATION	-9.07%	11.73B
JINDAL STEEL & POWER LIMITED	+24.56%	11.2B
CITIC PACIFIC SPECIAL STEEL GROUP CO., LTD	+11.54%	10.91B
INNER MONGOLIA BAOTOU STEEL UNION CO., LTD.	+10.96%	10.15B
TERNIUM S.A.	+2.61%	8.56B
BHARAT FORGE LIMITED	+5.78%	7.32B
JINDAL STAINLESS LIMITED	+22.56%	6.92B

Iron, Steel Mills & Foundries

Salzgitter AG

Equities

SZG

DE0006202005

Iron & Steel

Jefferies rates Salzgitter at 'Hold' - Target 30 euros

EPS Revisions