Stroeer SE & Co KGaA (ETR:SAX) received a €59.00 ($69.41) price target from research analysts at HSBC Holdings plc in a note issued to investors on Thursday. The brokerage presently has a “neutral” rating on the stock.
Several other research firms have also recently weighed in on SAX. Barclays PLC set a €63.00 ($74.12) price target on Stroeer SE & Co KGaA and gave the stock a “buy” rating in a report on Friday, September 29th. Nord/LB set a €58.00 ($68.24) price target on Stroeer SE & Co KGaA and gave the stock a “neutral” rating in a report on Thursday, June 29th. Commerzbank Ag set a €64.00 ($75.29) price target on Stroeer SE & Co KGaA and gave the stock a “buy” rating in a report on Thursday, August 10th. Deutsche Bank AG set a €60.00 ($70.59) price target on Stroeer SE & Co KGaA and gave the stock a “buy” rating in a report on Friday, August 11th. Finally, J P Morgan Chase & Co reissued a “buy” rating on shares of Stroeer SE & Co KGaA in a report on Friday, August 11th. Three research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of €60.80 ($71.53).
Shares of Stroeer SE & Co KGaA (ETR SAX) opened at 55.219 on Thursday. The company has a market capitalization of €3.02 billion and a PE ratio of 40.842. Stroeer SE & Co KGaA has a 52-week low of €34.40 and a 52-week high of €58.88. The stock’s 50 day moving average price is €54.93 and its 200-day moving average price is €54.15.
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About Stroeer SE & Co KGaA
Ströer SE & Co KGaA provides out-of-home and online advertising services in Germany, Turkey, and internationally. The company operates through three segments: Ströer Digital, Out-of-Home Germany, and Out-of-Home International. Its out-of-home advertising solutions covers various forms of outdoor advertising media, such as traditional posters; advertisements at bus and tram stop shelters, and on public transport; and digital and interactive solutions.
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