In a report issued on January 11, Torsten Sauter from Kepler Capital maintained a Hold rating on Sulzer AG (SULZF), with a price target of CHF70.00. The company’s shares closed last Thursday at $107.90, close to its 52-week high of $108.00.
According to TipRanks.com, Sauter is ranked #3151 out of 7210 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Sulzer AG with a $99.87 average price target.
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The company has a one-year high of $108.00 and a one-year low of $56.40. Currently, Sulzer AG has an average volume of 45.
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Sulzer AG engages in the manufacture and sale of industrial machineries and equipment. The company provides pumping solutions; rotating equipment maintenance and services; and separation, reaction, and mixing technology solutions. It operates through the following segments: Pumps Equipment, Rotating Equipment Services, Applicator Systems and Chemtech. The Pumps Equipment segment offers a range pumping solutions and related equipment. The Rotating Equipment Services segment involves repair and maintenance services, which focuses on industrial gas and steam turbines; turbocompressors; and generators and motors. The Applicator Systems segment includes products and services for liquid application and mixing technology. The Chemtech segment covers products and services for separation, reaction, and mixing technology. The company was founded by Johann Jakob Sulzer-Neuffert in 1834 and is headquartered in Winterthur, Switzerland.
