Price targets

Analyst ratings

4 analysts rated this company in the past 90 days. The average target price is €27.75, this is a change of -18.4% compared to the current price.

• September 19, 2025

  Baader Bank maintains Salzgitter's 'Buy' rating - target EUR 45

  MUNICH (dpa-AFX Analyst) - Baader Bank has maintained its "Buy" rating for Salzgitter AG with a price target of €45. The decision to postpone later stages of Salcos' low-carbon steel production program comes as no surprise, wrote Christian Obst in a study published Friday. The positive assessment of the steel producer's share remains valid. The price of steel is likely to receive positive momentum in the coming months./mf/stk

  Publication of the original study: September 19, 2025 / 8:37 a.m. / CEST

  First distribution of the original study: Date not specified in study / Time not specified in study / CEST

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• August 12, 2025

  Deutsche Bank maintains Salzgitter on 'Hold' - target 21 euros

  FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research has maintained its "Hold" rating for Salzgitter AG with a price target of €21 following final figures for the first half of the year. The details show a disappointing development in the core steel business, Bastian Synagowitz wrote in a follow-up report published on Tuesday. The expert lowered his estimates for operating profit (EBITDA). These are below market expectations./la/bek

  Publication of the original study: August 12, 2025 / Time not specified in the study / CET

  First distribution of the original study: August 12, 2025 / 7:57 a.m. / CET

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• August 11, 2025

  Jefferies lowers target for Salzgitter to 25 euros - 'Hold'

  NEW YORK (dpa-AFX Analyser) - The analyst firm Jefferies has lowered the price target for Salzgitter AG from 26 to 25 euros and left the rating at "Hold". The steel company is likely to benefit in the medium term from Germany's €500 billion infrastructure investments and the EU Steel Action Plan, Cole Hathorn wrote in a study released Monday./rob/edh/he

  Publication of the original study: August 11, 2025 / 9:28 a.m. / Time zone not specified in the study. First distribution of the original study: August 11, 2025 / 12:00 p.m. / Time zone not specified in the study.

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• August 11, 2025

  Baader Bank maintains Salzgitter's 'Buy' rating - target EUR 45

  MUNICH (dpa-AFX Analyst) - Baader Bank has maintained its "Buy" rating for Salzgitter AG following the final half-year figures, with a price target of €45. Markets remain challenging, Christian Obst wrote in an initial assessment on Monday. However, the steel manufacturer's forecast for net debt for the full year is positive. The operating profit (EBT) forecast for the fiscal year indicates a slight improvement in the second half of the year./rob/bek/mis

  Publication of the original study: August 11, 2025 / 8:06 a.m. / CEST

  First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• August 11, 2025

  Jefferies maintains Salzgitter on 'Hold' - target 26 euros

  NEW YORK (dpa-AFX Analyst) - Following final financial results, analyst Jefferies maintained its "Hold" rating for Salzgitter AG with a price target of €26. EU steel markets weakened into the third quarter, Cole Hathorn wrote in an initial assessment on Monday. The Lower Saxony-based steel and tube manufacturer does not expect a more significant recovery in the second half of the year. However, EU steel prices should bottom out in the third quarter./rob/bek/mis

  Publication of the original study: August 11, 2025 / 2:18 a.m. / Time zone not specified in the study

  First distribution of the original study: August 11, 2025 / 2:18 a.m. / Time zone not specified in the study

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• August 4, 2025

  Baader Bank maintains Salzgitter's 'Buy' rating - target EUR 45

  MUNICH (dpa-AFX Analyst) - Baader Bank has maintained its rating for Salzgitter AG at "Buy" with a price target of €45 following key figures for the first half of the year and adjusted corporate targets. The current year remains a difficult one for the steel group, wrote Christian Obst in a study released Monday. However, there are arguments that point to rising profits in 2026./rob/tih/mis

  Publication of the original study: August 4, 2025 / 9:20 a.m. / CEST

  First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• July 17, 2025

  Jefferies maintains Salzgitter on 'Hold' - target 26 euros

  NEW YORK (dpa-AFX Analyst) - Following the release of figures and a lowered outlook, analyst Jefferies has maintained Salzgitter's "Hold" rating with a price target of €26. The steel company's revised operating profit (EBITDA) target for 2025 is around 30 percent below the consensus estimate and is likely to put pressure on the stock, which has performed strongly in the past month, Cole Hathorn wrote in an initial reaction on Thursday. The preliminary half-year figures for revenue are roughly in line with the consensus estimate, while EBITDA is 40 percent lower./rob/gl/he

  Publication of the original study: July 17, 2025 / 1:50 p.m. / Time zone not specified in the study. First distribution of the original study: July 17, 2025 / 1:50 p.m. / Time zone not specified in the study.

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• July 9, 2025

  Jefferies maintains Salzgitter on 'Hold' - target 26 euros

  NEW YORK (dpa-AFX Analyst) - The analyst firm Jefferies has maintained its rating for Salzgitter AG at "Hold" with a price target of €26. Cole Hathorn wrote on Wednesday that the company's high-strength steel grades have been approved for use in vehicles and protective systems by the German Armed Forces (Bundeswehr). However, the resulting 20 percent share price increase in one day is exaggerated, considering that current defense sales only account for around one percent of the group's revenues./rob/edh

  Publication of the original study: July 9, 2025 / 3:56 a.m. / Time zone not specified in the study. First distribution of the original study: July 9, 2025 / 3:56 a.m. / Time zone not specified in the study.

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• May 23, 2025

  Jefferies maintains Salzgitter on 'Hold' - target 26 euros

  NEW YORK (dpa-AFX Analyst) - Following a Bloomberg report on a potential sale of its KHS bottling division, analyst Jefferies has maintained a "Hold" rating on Salzgitter AG with a price target of €26. From a strategic perspective, a sale would streamline and simplify the steel company's business, Cole Hathorn wrote in an assessment on Friday. If Salzgitter achieves the right price, a sale would be welcome, the expert said. In any case, there are no significant synergies between the steel and packaging equipment businesses./rob/ajx/ag

  Publication of the original study: May 23, 2025 / 4:44 a.m. / ET First distribution of the original study: May 23, 2025 / 4:44 a.m. / ET

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• May 22, 2025

  UBS maintains Salzgitter at 'Neutral' - target 19 euros

  ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its rating for Salzgitter AG at "Neutral" with a price target of €19. A possible sale of the KHS bottling division would be a positive surprise, Andrew Jones wrote in his assessment on Thursday evening. Salzgitter would thus significantly reduce its debt. In addition, management would have more freedom to focus on restructuring the core steel business and simplifying the capital market narrative./rob/ajx/ag

  Publication of the original study: May 22, 2025 / 9:35 p.m. / GMT. First distribution of the original study: May 22, 2025 / Time not specified in study / Time zone not specified in study

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• May 14, 2025

  UBS maintains Salzgitter at 'Neutral' - target 19 euros

  ZURICH (dpa-AFX Analyser) - The Swiss major bank UBS has left Salzgitter AG at "Neutral" with a price target of 19 euros after an in-house conference with small and medium-sized European companies. The steel company has reaffirmed its commitment to the Salcos project, as well as the further optimization of its corporate portfolio as a top priority, Andrew Jones wrote in a commentary published Thursday./rob/gl/edh

  Publication of the original study: May 14, 2025 / 4:28 p.m. / GMT. First distribution of the original study: May 14, 2025 / Time not specified in study / Time zone not specified in study.

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• May 12, 2025

  UBS maintains Salzgitter at 'Neutral' - target 19 euros

  ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its rating for Salzgitter AG at "Neutral" with a price target of €19. Andrew Jones emphasized the unchanged annual targets on Monday after the results. The technology sector continues to perform well, he wrote./rob/ag/edh

  Publication of the original study: May 12, 2025 / 7:28 a.m. / GMT

  First distribution of the original study: May 12, 2025 / Time not specified in study / Time zone not specified in study

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• May 12, 2025

  Jefferies maintains Salzgitter on 'Hold' - target 26 euros

  NEW YORK (dpa-AFX Analyst) - Following the company's quarterly results, analyst Jefferies maintained its "Hold" rating for Salzgitter AG with a price target of €26. Operating earnings (EBITDA) were weaker than market expectations in a challenging quarter for the steel company, but exceeded its forecast, Cole Hathorn wrote in an initial reaction released Monday. He viewed the confirmed annual outlook positively./rob/edh/ck

  Publication of the original study: May 12, 2025 / 2:29 a.m. / ET

  First distribution of the original study: May 12, 2025 / 2:29 a.m. / ET

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• May 12, 2025

  Baader Bank maintains Salzgitter's 'Buy' rating - target EUR 45

  MUNICH (dpa-AFX Analyst) - Baader Bank has maintained its "Buy" rating for Salzgitter AG following its quarterly results, with a price target of €45. The steel company's key figures did not contain any major surprises, wrote Christian Obst in an initial response released on Monday. The outlook for the full year 2025 appears cautious./rob/ck

  Publication of the original study: May 12, 2025 / 8:14 a.m. / CEST

  First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• May 5, 2025

  Baader Bank maintains Salzgitter's 'Buy' rating - target EUR 45

  MUNICH (dpa-AFX Analyst) - Baader Bank has maintained a "Buy" rating on Salzgitter AG with a price target of €45. Salzgitter likely began 2025 with a loss, analyst Christian Obst wrote on Monday in an outlook on the first-quarter report. The situation is difficult for steel producers, but Salzgitter is strong enough to weather the storm. The group is also likely to benefit from urgently needed investments in German and European infrastructure./ajx/bek

  Publication of the original study: May 5, 2025 / 2:06 PM / CEST

  First distribution of the original study: Date not specified in study / Time not specified in study / CEST

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• April 17, 2025

  Deutsche Bank Research maintains Salzgitter on 'Hold' - target 21 euros

  FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research has maintained a "Hold" rating on Salzgitter AG with a price target of €21. The steel company's upcoming quarterly figures are likely to demonstrate an improvement compared to the final quarter of 2024, which was marked by negative one-off effects, analyst Bastian Synagowitz wrote in an outlook published Thursday. After rejecting a takeover offer, management must now prove that it can create value for shareholders. However, the ambitious and rapid restructuring of the group will require significant capital and increase debt./gl/mis

  Publication of the original study: April 17, 2025 / 7:57 a.m. / CET. First distribution of the original study: Date not specified in study / Time not specified in study / CET.

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• April 14, 2025

  Deutsche Bank Research lowers Salzgitter target to 21 euros - 'Hold'

  FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research lowered its price target for Salzgitter AG from €23 to €21 and maintained its "Hold" rating. In his industry commentary published on Monday, analyst Bastian Synagowitz addressed the tariff risks for European steel producers and revised his estimates. The worst concerns have been dispelled, but the US tariffs have created considerable demand uncertainty. Therefore, the expert lowered his operating earnings (EBITDA) forecasts for 2026 by an average of 7 percent. Valuations for some stocks were already approaching attractive levels. He remains selective./gl/ajx

  Publication of the original study: April 14, 2025 / 8:24 a.m. / CET First distribution of the original study: Date not specified in the study / Time not specified in the study / CET

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• April 14, 2025

  Baader Bank maintains Salzgitter's 'Buy' rating - target EUR 45

  MUNICH (dpa-AFX Analyst) - Baader Bank has maintained its rating for Salzgitter AG at "Buy" following the end of takeover talks, with a price target of €45. The steel company is strong enough to weather the current storm and benefit from urgent infrastructure investments in Germany and Europe, analyst Christian Obst wrote on Monday./ag/ajx

  Publication of the original study: April 14, 2025 / 9:29 a.m. / CEST

  First distribution of the original study: Date not specified in study / Time not specified in study / CEST

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• March 24, 2025

  Jefferies raises target for Salzgitter to 26 euros - 'Hold'

  NEW YORK (dpa-AFX Analyst) - The analyst firm Jefferies raised its price target for Salzgitter AG from €18.50 to €26, but maintained its "Hold" rating. The steel and tube manufacturer is one of the main beneficiaries of government investments in German infrastructure, wrote analyst Cole Hathorn in his commentary published Tuesday. The company generates around 41 percent of its revenue in its home country./bek/ag

  Publication of the original study: March 24, 2025 / 2:29 p.m. / ET

  First distribution of the original study: March 24, 2025 / 8:05 p.m. / ET

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• March 24, 2025

  Deutsche Bank raises target for Salzgitter to 23 euros - 'Hold'

  FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research raised its price target for Salzgitter AG from €19 to €23, but maintained its "Hold" rating. Analyst Bastian Synagowitz adjusted his valuation model for the steel group to reflect its recent business performance. The expert wrote in a study published Monday that he also took into account the company's improved balance sheet./edh/bek

  Publication of the original study: March 24, 2025 / Time not specified in the study / CET

  First distribution of the original study: March 24, 2025 / 8:00 a.m. / CET

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• March 21, 2025

  UBS maintains Salzgitter at 'Neutral' - target 19 euros

  ZURICH (dpa-AFX Analyst) - Following detailed fourth-quarter figures, Swiss bank UBS maintained its rating for Salzgitter AG at "Neutral" with a price target of €19. The steel company's key performance indicators were in line with the previously published figures, analyst Andrew Jones wrote in a study released Friday. Free cash flow was improved thanks to working capital. The expert highlighted even more ambitious, long-term cost savings.

  Publication of the original study: March 21, 2025 / 12:26 PM / GMT. First distribution of the original study: March 21, 2025 / 12:26 PM / GMT.

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• March 21, 2025

  JPMorgan maintains Salzgitter's 'Underweight' rating - target €18

  NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its rating for Salzgitter AG at "Underweight" with a price target of €18. The steel company's outlook indicates a significant need for adjustments to earnings expectations, analyst Dominic O'Kane wrote on Friday after the company's financial results./ag/edh

  Publication of the original study: March 21, 2025 / 08:13 / GMT

  First distribution of the original study: March 21, 2025 / 08:14 / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• March 21, 2025

  Baader Bank maintains Salzgitter's 'Buy' rating - target EUR 45

  MUNICH (dpa-AFX Analyst) - Baader Bank has maintained its rating for Salzgitter AG at "Buy" following the 2024 annual report, with a price target of €45. The net debt and the dividend proposal were positive surprises, wrote analyst Christian Obst in his initial reaction on Friday. However, since the steel company's share price has already risen by 65 percent in the short period of the year so far, profit-taking could occur before the summer./edh/ag

  Publication of the original study: March 21, 2025 / 8:14 a.m. / CET

  First distribution of the original study: Date not specified in study / Time not specified in study / CET

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• February 12, 2025

  Baader Bank maintains Salzgitter's 'Buy' rating - target EUR 45

  MUNICH (dpa-AFX Analyst) - Baader Bank has maintained its rating for Salzgitter AG at "Buy" with a price target of €45 following preliminary figures for 2024. Analyst Christian Obst suggested in a study published Wednesday that the steel manufacturer had made further write-downs. The outlook for the current year is characterized by caution./bek/mis

  Publication of the original study: February 12, 2025 / 7:25 a.m. / CET

  First distribution of the original study: February 12, 2025 / Time not specified in study / CET

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• January 23, 2025

  Baader Bank maintains Salzgitter's 'Buy' rating - target EUR 45

  MUNICH (dpa-AFX Analyst) - Baader Bank has maintained its "Buy" rating for Salzgitter. The takeover price of €18.50 offered by GP Günter Papenburg and TSR Recycling is only 18 percent above the previous day's closing price and only about 12 percent above the average price of the last three months, analyst Christian Obst wrote on Thursday. He will have to revise his price target of €45, but he does not recommend selling at €18.50. This is not really an indication that the company intends to take over the entire company./ajx/he

  Publication of the original study: January 23, 2025 / 5:33 PM / CET First distribution of the original study: Date not specified in the study / Time not specified in the study / CET

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• November 12, 2024

  UBS raises target for Salzgitter to 19 euros - 'Neutral'

  ZURICH (dpa-AFX Analyst) - Swiss bank UBS has raised its price target for Salzgitter AG from €17 to €19 and maintained its rating at "Neutral." Following the third-quarter results, analyst Andrew Jones lowered his estimates for 2024 and 2025 in a study published Wednesday, partly due to the lowered business targets. However, he raised his estimates for 2026 in anticipation of improved demand and the impact of approved efficiency measures. A possible takeover of the steel company should support the share price./ajx/tih

  Publication of the original study: November 12, 2024 / 10:28 PM / GMT

  First distribution of the original study: November 12, 2024 / 10:28 PM / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• November 12, 2024

  Deutsche Bank lowers target for Salzgitter to 19 euros - 'Hold'

  FRANKFURT (dpa-AFX Analyser) - Deutsche Bank Research has lowered the price target for Salzgitter AG from 20 to 19 euros following detailed quarterly figures and left the rating at "Hold". Given the key figures already known and the bleak annual outlook, the steel company's final key figures were not particularly surprising, wrote analyst Bastian Synagowitz in a study published Tuesday./edh/mis

  Publication of the original study: November 12, 2024 / Time not specified in the study / CET

  First distribution of the original study: November 12, 2024 / 07:59 / CET

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• November 11, 2024

  UBS maintains Salzgitter at 'Neutral' - target 17 euros

  ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its rating for Salzgitter AG at "Neutral" with a price target of €17. The key figures were already known, but the increasing debt burden is worrying, wrote analyst Andrew Jones on Monday morning after the quarterly report. The tenor remains very negative./ag/mis

  Publication of the original study: November 11, 2024 / 8:50 a.m. / GMT

  First distribution of the original study: November 11, 2024 / 8:50 a.m. / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• November 5, 2024

  Baader Bank maintains Salzgitter's 'Buy' rating - target EUR 45

  MUNICH (dpa-AFX Analyst) - Baader Bank has maintained a "buy" rating on Salzgitter AG with a price target of €45 in light of takeover considerations by a consortium of two private companies. GP Günter Papenburg already holds just over 25 percent of the steel company, making it the second-largest shareholder after the state of Lower Saxony, analyst Christian Obst recalled on Tuesday morning. He also pointed out that the German steel industry is undergoing change and that Thyssenkrupp, for example, intends to divest its European steel division./ck/ag

  Publication of the original study: November 5, 2024 / 7:36 a.m. / CET

  First distribution of the original study: Date not specified in study / Time not specified in study / CET

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• November 4, 2024

  UBS maintains Salzgitter at 'Neutral' - target 17 euros

  ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained a "neutral" rating on Salzgitter AG with a price target of €17 in light of a potential takeover offer by GP Günter Papenburg and TSR. While a formal bid has yet to be confirmed and an offer price announced, he sees a potential takeover as positive for Salzgitter's share price, analyst Andrew Jones wrote in a study published Monday. Following several profit warnings this year, persistently weak steel prices and margins, and continued high investments in the Salcos project, Salzgitter shares continued to fall./ajx/he

  Publication of the original study: November 4, 2024 / 8:18 PM / GMT. First distribution of the original study: November 4, 2024 / 8:18 PM / GMT.

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• October 22, 2024

  UBS maintains Salzgitter at 'Neutral' - target 17 euros

  ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its rating for Salzgitter AG at "Neutral" with a price target of €17. The steel and tube manufacturer has issued another profit warning, wrote analyst Andrew Jones in a study published Tuesday. There is now downside potential for the 2025 estimates./bek/ajx

  Publication of the original study: October 22, 2024 / 00:17 / GMT

  First distribution of the original study: October 22, 2024 / 00:17 / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• October 8, 2024

  Deutsche Bank Research lowers Salzgitter target to 20 euros - 'Hold'

  FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research has lowered its price target for Salzgitter AG from €21 to €20 and maintained its "Hold" rating. The upcoming figures are likely to indicate another weak quarter for the steel company, analyst Bastian Synagowitz wrote in a study published Tuesday. Headwinds in the industry are increasing. Synagowitz lowered his steel price forecasts and his operating earnings (EBITDA) estimates for the years up to 2026. With the increasing debt burden, the question arises whether Salzgitter could divest from activities, such as its stake in the copper group Aurubis./gl/nas

  Publication of the original study: October 8, 2024 / 8:10 a.m. / CET. First distribution of the original study: Date not specified in study / Time not specified in study / CET

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• August 12, 2024

  UBS maintains Salzgitter at 'Neutral' - target 17 euros

  ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its rating for Salzgitter AG at "Neutral" with a price target of €17 following final figures. The steel manufacturer's detailed figures revealed no further surprises, and the annual targets were confirmed following the profit warning at the end of July, analyst Andrew Jones wrote in a report released Monday. The focus is now on cost and investment savings./ck/tih

  Publication of the original study: August 12, 2024 / 9:49 a.m. / GMT

  First distribution of the original study: August 12, 2024 / 9:49 a.m. / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• August 12, 2024

  Jefferies maintains Salzgitter on 'Hold' - target 21 euros

  NEW YORK (dpa-AFX Analyst) - Following final figures, analyst Jefferies has maintained its "Hold" rating for Salzgitter AG with a price target of €21. The steel manufacturer has confirmed the annual targets lowered at the end of July, analyst Cole Hathorn wrote in a report released Monday. The strength of the Technology division plays a rather minor role given the weakness of the steel-related businesses. The uncertainty is likely to continue to weigh on the share price.

  Publication of the original study: August 12, 2024 / 2:33 a.m. / ET

  First distribution of the original study: August 12, 2024 / 2:33 a.m. / ET

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• August 12, 2024

  Baader Bank maintains Salzgitter's 'Buy' rating - target EUR 45

  MUNICH (dpa-AFX Analyst) - Baader Bank has maintained its rating for Salzgitter AG at "Buy" with a price target of €45 following detailed figures. Following the preliminary quarterly figures on July 19 and the second profit warning on July 30, the steel manufacturer did not surprise any further this morning, wrote analyst Christian Obst in a study released on Monday./ck/la

  Publication of the original study: August 12, 2024 / 7:54 a.m. / CEST

  First distribution of the original study: Date not specified in study / Time not specified in study / CEST

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.