Salzgitter AG

SZG

DE0006202005

Iron & Steel

Market Closed - Xetra Other stock markets 11:35:11 2024-07-12 am EDT			5-day change	1st Jan Change
18.56 ^EUR	+0.81%		-1.59%	-33.71%

Jul. 10	SALZGITTER AG : Jefferies remains Neutral	ZD
Jul. 10	Alstom Wins EUR2.8 Billion Contract for Metro Trains, Signaling Technology in Germany	MT

SALZGITTER AG : JP Morgan maintains a Sell rating

January 19, 2023 at 05:48 am EST

The analyst from JP Morgan, Dominic O'Kane, maintains his advice to sell. The target price has been raised from EUR 18.60 to EUR 21.20.

Latest news about Salzgitter AG

SALZGITTER AG : Jefferies remains Neutral	Jul. 10	ZD
Alstom Wins EUR2.8 Billion Contract for Metro Trains, Signaling Technology in Germany	Jul. 10	MT
Alstom wins $3 billion order to deliver metro trains in Hamburg	Jul. 10	RE
Alstom SA and Hamburger Hochbahn Sign Framework Contract Worth Up to ?2.8 Billion for New Metro Trains and Innovative Signalling Technology	Jul. 10	CI
SALZGITTER AG : Gets a Neutral rating from Deutsche Bank	Jul. 08	ZD
Thyssenkrupp Steel has a prospective buyer for its stake in HKM	Jul. 05	RE
Traton examines battery factory - Salzgitter hopes to win contract	Jul. 05	DP
EU Commission Clears Cogne Acciai Speciali's Takeover of Mannesmann	Jun. 28	MT
SALZGITTER AG : Deutsche Bank sticks Neutral	Jun. 26	ZD
Steel stocks break off recovery - Morgan Stanley skeptical	Jun. 21	DP
Aurubis significantly higher - 'MM' report, new composition of the Executive Board	Jun. 20	DP
Aurubis appoints new CEO in management reshuffle	Jun. 20	RE
Aurubis rallies - Vague takeover fantasies after 'MM' report	Jun. 20	DP
Uniper maps out steps to boost Wilhelmshaven hydrogen port	Jun. 14	RE
Companies invest in EV battery factories in Europe	Jun. 06	RE
Thyssenkrupp to pare back funding for steel unit in 50:50 JV with Kretinsky	May. 29	RE
Hoped-for upturn at steel manufacturer Salzgitter fails to materialize	May. 29	DP
Ferrexpo, Salzgitter Sign MOU for Supply of Iron Pellets for Low-Carbon Steel Production	May. 24	MT
Steelmakers ramp up production slightly	May. 24	RE
Ferrexpo partners with Salzgitter to decarbonise steel production	May. 24	AN
Jefferies lowers target for Salzgitter to 26 euros - 'Hold'	May. 21	DP
SALZGITTER AG : Jefferies gives a Neutral rating	May. 21	ZD
SALZGITTER AG : UBS reiterates its Neutral rating	May. 15	ZD
SALZGITTER AG : Deutsche Bank gives a Neutral rating	May. 14	ZD
SALZGITTER AG : JP Morgan remains Neutral	May. 13	ZD

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

2024-08-11 - Q2 2024 Earnings Call

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

18.56 EUR

Average target price

23.44 EUR

Spread / Average Target

+26.32%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Iron, Steel Mills & Foundries

	1st Jan change	Capi.
SALZGITTER AG	-33.71%	1.09B
JSW STEEL LIMITED	+6.13%	27.26B
BAOSHAN IRON & STEEL CO., LTD.	+17.03%	20.78B
JINDAL STEEL & POWER LIMITED	+35.53%	12.38B
CHINA STEEL CORPORATION	-14.44%	10.83B
CITIC PACIFIC SPECIAL STEEL GROUP CO., LTD	-7.55%	9.04B
BHARAT FORGE LIMITED	+30.71%	9.03B
INNER MONGOLIA BAOTOU STEEL UNION CO., LTD.	-2.05%	8.96B
JINDAL STAINLESS LIMITED	+36.92%	7.72B
TERNIUM S.A.	-11.98%	7.34B

Iron, Steel Mills & Foundries

Salzgitter AG

Equities

SZG

DE0006202005

Iron & Steel

SALZGITTER AG : JP Morgan maintains a Sell rating

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