Shares of Stroeer SE & Co KGaA (ETR:SAX) have been assigned a consensus rating of “Buy” from the fourteen analysts that are currently covering the stock, MarketBeat.com reports. Five investment analysts have rated the stock with a hold recommendation and nine have assigned a buy recommendation to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is €65.00 ($77.38).
SAX has been the subject of a number of recent research reports. Nord/LB set a €58.00 ($69.05) target price on Stroeer SE & Co KGaA and gave the stock a “neutral” rating in a report on Friday, September 8th. Barclays set a €63.00 ($75.00) target price on Stroeer SE & Co KGaA and gave the stock a “buy” rating in a report on Friday, September 29th. set a €59.00 ($70.24) target price on Stroeer SE & Co KGaA and gave the stock a “neutral” rating in a report on Thursday, October 12th. Kepler Capital Markets set a €60.00 ($71.43) target price on Stroeer SE & Co KGaA and gave the stock a “neutral” rating in a report on Monday, October 23rd. Finally, Deutsche Bank set a €64.00 ($76.19) target price on Stroeer SE & Co KGaA and gave the stock a “buy” rating in a report on Thursday, November 2nd.
Shares of Stroeer SE & Co KGaA (SAX) traded up €0.55 ($0.65) during midday trading on Tuesday, reaching €62.35 ($74.23). 105,425 shares of the company’s stock were exchanged, compared to its average volume of 111,839. Stroeer SE & Co KGaA has a 52 week low of €40.26 ($47.93) and a 52 week high of €65.65 ($78.15). The firm has a market cap of $3,460.00 and a P/E ratio of 44.86.
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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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