Salzgitter Aktiengesellschaft, through its subsidiaries, engages in steel and technology businesses worldwide. It operates through Strip Steel, Plate/Section Steel, Mannesmann, Trading, and Technology business units. The Strip Steel business unit manufactures branded and special steels, such as hot-rolled strip steel, cold-rolled steel, sections, tailored blanks, and components for the construction industry. The Plate/Section Steel business unit produces various high-grade heavy plates for engineering, ship building, and mechanical engineering, as well as trades in scrap. The Mannesmann business unit manufactures line pipes, HFI-welded pipes, precision pipes and tubes, stainless steel tubes, and spiral-welded large-diameter pipes, as well as longitudinal-welded, and seamless and welded tubes for the energy industry, automotive sector, and mechanical engineering sector. The Trading business unit operates a European sales network, as well as trading companies and agencies worldwide. The Technology business unit offers machinery and plants for the filling and packaging of beverages, as well as the construction of special machinery for shoe manufacturing and elastomer production. The company also provides IT, facilities management, logistics, automotive engineering, and research and development services, as well as supplies raw materials. Salzgitter Aktiengesellschaft was founded in 1858 and is headquartered in Salzgitter, Germany.
Industry, Sector and Symbol:
- 50 Day Moving Avg: €37.64
- 200 Day Moving Avg: €35.16
- Trailing P/E Ratio: 19.92
- P/E Growth: 0.30
- Net Margins: 0.72%
- Return on Equity: 2.09%
- Return on Assets: 0.75%
Frequently Asked Questions for Salzgitter AG (ETR:SZG)
What is Salzgitter AG's stock symbol?
Salzgitter AG trades on the ETR under the ticker symbol "SZG."
Where is Salzgitter AG's stock going? Where will Salzgitter AG's stock price be in 2017?
21 brokerages have issued 12-month price targets for Salzgitter AG's shares. Their forecasts range from €23.00 to €48.00. On average, they expect Salzgitter AG's share price to reach €38.61 in the next twelve months. View Analyst Ratings for Salzgitter AG.
Who are some of Salzgitter AG's key competitors?
Some companies that are related to Salzgitter AG include Aareal Bank AG (ARL), Adler Real Estate AG (ADL), ADO Properties SA (ADJ), ADVA Optical Networking SE (ADV), Aixtron Se (AIXA), Aurubis AG (NDA), Basf Se (BAS), Bayerische Motoren Werke AG (BMW), BayWa AG (BYW6), Bechtle AG (BC8), Beiersdorf AG (BEI), Bertrandt AG (BDT), bet-at-home.com AG (ACX), Bilfinger SE (GBF), Biotest AG (BIO), Cancom SE (COK), Capital Stage AG (CAP) and Carl Zeiss Meditec AG (AFX).
Who are Salzgitter AG's key executives?
MarketBeat Community Rating for Salzgitter AG (ETR SZG)MarketBeat's community ratings are surveys of what our community members think about Salzgitter AG and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Salzgitter AG's management team includes the folowing people:
- Heinz-Gerhard Wente, Chairman of the Supervisory Board
- Heinz Joerg Fuhrmann, Chairman of the Executive Board, Chief Executive Officer
- Hans-Juergen Urban, Vice Chairman of the Supervisory Board
- Burkhard Becker, Member of the Executive Board, Chief Financial Officer
- Ulrich Grethe, Member of the Group Management Board - Strip Steel Business Unit
- Matthias Niemeyer, Member of the Group Management Board - Technology Business Unit
- Roger Schlim, Member of the Group Management Board - Plate/Sections Steel Business Unit
- Volker Schult, Member of the Group Management Board - Trading Business Unit
- Clemens Stewing, Member of the Group Management Board - Mannesmann Business Unit
- Michael Kieckbusch, Member of the Executive Board, Personnel and Services Division
Consensus Ratings for Salzgitter AG (ETR:SZG) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||4 Sell Ratings, 13 Hold Ratings, 4 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.00)|
|Consensus Price Target: ||€38.61|
Analysts' Ratings History for Salzgitter AG (ETR:SZG)
(Data available from 9/24/2015 forward)
|9/21/2017||Baader Bank||Set Price Target||Neutral||€38.50|
|9/18/2017||Barclays PLC||Set Price Target||Sell||€29.00|
|9/15/2017||Jefferies Group LLC||Reiterated Rating||Neutral|
|8/18/2017||Morgan Stanley||Set Price Target||Neutral||€39.10|
|8/15/2017||Royal Bank Of Canada||Set Price Target||Neutral||€39.00|
|8/14/2017||Citigroup Inc.||Set Price Target||Neutral||€40.00|
|8/11/2017||Independent Research GmbH||Set Price Target||Neutral||€39.00|
|8/11/2017||Nord/LB||Set Price Target||Buy||€47.00|
|8/11/2017||Warburg Research||Set Price Target||Neutral||€41.00|
|8/11/2017||J P Morgan Chase & Co||Set Price Target||Neutral||€40.50|
|8/11/2017||Deutsche Bank AG||Set Price Target||Buy||€44.00|
|8/11/2017||Bank of America Corporation||Set Price Target||Sell||€36.00|
|8/11/2017||S&P Global||Set Price Target||Neutral||€40.00|
|8/10/2017||Commerzbank Ag||Set Price Target||Neutral||€38.00|
|8/10/2017||Berenberg Bank||Set Price Target||Buy||€48.00|
|8/10/2017||Goldman Sachs Group, Inc. (The)||Set Price Target||Neutral||€41.00|
|7/28/2017||DZ Bank AG||Reiterated Rating||Neutral|
|5/29/2017||Kepler Capital Markets||Set Price Target||Buy||€45.00|
|3/30/2017||BNP Paribas||Set Price Target||Neutral||€30.00|
|2/24/2017||Credit Suisse Group||Set Price Target||Sell||€35.00|
|11/11/2016||S&P Global Inc.||Set Price Target||Sell||€23.00|
|8/11/2016||Bankhaus Lampe||Set Price Target||Buy||€32.00|
|7/25/2016||Societe Generale||Set Price Target||Neutral||€33.00|
|3/15/2016||Macquarie||Set Price Target||Neutral||€23.00|
|1/28/2016||HSBC Holdings plc||Set Price Target||Buy||€29.50|
|1/28/2016||S&P Equity Research||Set Price Target||Sell||€19.00|
Earnings History for Salzgitter AG (ETR:SZG)
No earnings announcements for this company have been tracked by MarketBeat.com
Earnings Estimates for Salzgitter AG (ETR:SZG)
No earnings estimates for this company have been tracked by MarketBeat.com
Dividend History for Salzgitter AG (ETR:SZG)
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Insider Trading History for Salzgitter AG (ETR:SZG)
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Headline Trends for Salzgitter AG (ETR:SZG)
Latest Headlines for Salzgitter AG (ETR:SZG)