UBS downgrades Salzgitter (0G77) to a Hold

Tip Ranks
2026.01.23 00:08
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UBS analyst Andrew Jones downgraded Salzgitter (0G77) to a Hold rating with a price target of €52.00. This follows a similar Hold rating from Citi's Krishan Agarwal. Previously, Kepler Capital maintained a Buy rating on Salzgitter. Jones has an average return of 7.8% and a 67.39% success rate on his stock recommendations, focusing on the Basic Materials sector.

Salzgitter received a Hold rating and a €52.00 price target from UBS analyst Andrew Jones CFA yesterday.

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Jones CFA covers the Basic Materials sector, focusing on stocks such as Salzgitter, ArcelorMittal, and Stora Enso Oyj. According to TipRanks, Jones CFA has an average return of 7.8% and a 67.39% success rate on recommended stocks.

In addition to UBS, Salzgitter also received a Hold from Citi’s Krishan Agarwal in a report issued yesterday. However, on January 20, Kepler Capital maintained a Buy rating on Salzgitter (LSE: 0G77).

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