Salzgitter, DE0006202005

Jefferies keeps Buy rating and EUR 66 target for Salzgitter stock

Published on 10/06/2026 at 11:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue fell 3.96 percent to EUR 2.24 billion. Salzgitter stock costs EUR 48.84 on October 6, 2026 versus EUR 48.18.

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Salzgitter stock remains tied to a EUR 66.00 Jefferies price target after the analyst house kept its Buy rating on September 23, 2026, according to finanzen.ch. The target is 35.14 percent above the Lang & Schwarz price of EUR 48.84, giving the recommendation a measurable valuation gap rather than a purely directional message.

Revenue falls in the second quarter

Salzgitter reported revenue of EUR 2.24 billion in the second quarter of 2026, down 3.96 percent from EUR 2.34 billion a year earlier. The same report showed earnings per share of minus EUR 0.75, compared with minus EUR 1.02 in the prior-year period, according to finanzen.ch.

That combination matters for the stock story. Revenue contracted, yet the loss per share narrowed by EUR 0.27 year over year, leaving the operating recovery dependent on margins and steel pricing rather than on sales growth alone.

Stock remains below its yearly high

At EUR 48.84, the share price stood 27.75 percent below its EUR 67.60 52-week high and 83.27 percent above its EUR 26.66 52-week low on October 6, 2026. The market capitalization was EUR 2.6 billion, while the stock remained listed on Xetra and included in the MDAX.

Jefferies linked its EUR 66.00 target to customer inventory destocking nearing completion and the possibility of higher European steel prices after consolidation in September and October. The analyst also pointed to potential margin expansion despite subdued demand, while coal-heavy production was described as limiting energy-cost pressure.

November results set the next marker

Salzgitter's investor-relations calendar schedules the nine-month 2026 results and conference call for November 12, 2026, according to Salzgitter AG. For investors, that date should clarify whether the second-quarter revenue decline is stabilizing and whether the narrower loss can translate into stronger annual profitability.

Salzgitter stock was trading at EUR 48.84 at Lang & Schwarz on October 6, 2026 at 11:30 a.m. CEST, up 1.37 percent versus the prior close of EUR 48.18 on October 5, 2026. The further course of trading is shown by the continuously updated real-time quote of Salzgitter stock.