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Salzgitter AG: Analysts keep price target stable despite challenges!
Deutsche Bank Research rates Salzgitter AG to “Hold” and sets a price target of 27 euros. Current developments and market analyses.
Salzgitter AG: Analysts keep price target stable despite challenges!
The news of the day comes from the world of financial analysis and it concerns Salzgitter AG. According to a recent report by Börse.de Deutsche Bank Research has left the rating for the steelmaker at “Hold”. The price target was set at 27 euros, which could be of interest to investors.
The company's third-quarter numbers slightly exceeded market expectations, which should make analysts positive. Particularly noteworthy is the strong working capital management, which makes an important contribution to securing liquidity. This means that Salzgitter appears to be well positioned, even if challenges have been identified in the free cash flow profile in the past.
Analyst opinions and challenges
However, Salzgitter has ambitious plans and aims to play an important role as a pioneer in the field of green steel. However, these efforts require massive investments in order to meet the challenges of the market and set new standards in production.