{
SGL Carbon SE

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}
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001122334455554433221100

deutsche bank downgrades sgl carbon stock and cuts price target significantly

Deutsche Bank has downgraded SGL Carbon SE from "Buy" to "Hold," slashing the price target from EUR 7.40 to EUR 4.30 following a decline in FY24 revenue and EBITDA. The company reported a 6% drop in revenue and a net loss of EUR 80 million, contrasting with a net profit of EUR 41 million the previous year. Despite challenges in key sectors, free cash flow improved to EUR 39 million, recovering from a negative EUR 96 million last year.
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10:05 21.03.2025
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