Steinhoff International Holdings NV (SNH) Given Average Rating of “Hold” by Analysts

Shares of Steinhoff International Holdings NV (ETR:SNH) have been given an average rating of “Hold” by the nine ratings firms that are covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and three have given a buy recommendation to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is €5.26 ($6.19).

A number of equities analysts recently issued reports on SNH shares. Deutsche Bank AG set a €5.35 ($6.29) price target on Steinhoff International Holdings NV and gave the stock a “neutral” rating in a report on Saturday, May 20th. J P Morgan Chase & Co set a €6.30 ($7.41) price objective on shares of Steinhoff International Holdings NV and gave the company a “buy” rating in a research report on Thursday, June 8th. Nord/LB set a €6.60 ($7.76) price objective on shares of Steinhoff International Holdings NV and gave the company a “buy” rating in a research report on Thursday, June 29th. Goldman Sachs Group, Inc. (The) set a €3.80 ($4.47) price objective on shares of Steinhoff International Holdings NV and gave the company a “sell” rating in a research report on Thursday, August 3rd. Finally, Morgan Stanley set a €5.60 ($6.59) price target on shares of Steinhoff International Holdings NV and gave the company a “neutral” rating in a research report on Tuesday, June 6th.

Steinhoff International Holdings NV (ETR SNH) traded down 1.175% during midday trading on Friday, reaching €4.288. The company’s stock had a trading volume of 2,030 shares. The company has a market cap of €18.29 billion and a P/E ratio of 15.260. Steinhoff International Holdings NV has a 12-month low of €4.20 and a 12-month high of €6.16. The firm has a 50 day moving average price of €4.47 and a 200-day moving average price of €4.68.

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Steinhoff International Holdings NV Company Profile

Steinhoff International Holdings NV is a Germany-based company that is active in the retail of household goods, apparel, as well as in the automotive industry. The household goods business area includes the retail of furniture, building materials and consumer electronics through the Company’s subsidiaries Lipo Einrichtungsmaerkte, Poco and Conforama.