UBS maintains neutral rating for Salzgitter with profit warning issued

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.

Trending
Subcategory:
Countries:
Companies:
Currencies:
People:

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Address

Waitlist

We’re granting exclusive early access to the first 500 users from december 20.

© 2024 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings