Salzgitter AG, a steel and tubes manufacturer, recently received a "Neutral" rating from UBS, with a target price of 17 euros. The company's profit warning has raised concerns about the downside potential for the 2025 financial estimates.
The steel industry is facing ongoing challenges, which has prompted analysts to reassess their forecasts. It is advised that investors remain cautious as Salzgitter AG navigates these difficulties, as they could impact the company's performance in the near future.