Warburg Research set a €87.00 ($101.16) target price on Stroeer SE & Co KGaA (ETR:SAX) in a report issued on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Other equities analysts have also issued research reports about the company. Barclays set a €75.00 ($87.21) price target on Stroeer SE & Co KGaA and gave the stock a neutral rating in a report on Friday, September 27th. HSBC set a €79.00 ($91.86) price target on Stroeer SE & Co KGaA and gave the stock a buy rating in a report on Monday, August 12th. JPMorgan Chase & Co. set a €106.00 ($123.26) price target on Stroeer SE & Co KGaA and gave the stock a buy rating in a report on Wednesday. Deutsche Bank set a €80.00 ($93.02) price target on Stroeer SE & Co KGaA and gave the stock a buy rating in a report on Monday, August 12th. Finally, Goldman Sachs Group set a €79.00 ($91.86) price target on Stroeer SE & Co KGaA and gave the stock a neutral rating in a report on Wednesday. Four investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Stroeer SE & Co KGaA has an average rating of Buy and an average price target of €77.06 ($89.60).
Shares of ETR SAX traded down €1.20 ($1.40) during midday trading on Wednesday, reaching €72.20 ($83.95). 79,903 shares of the company were exchanged, compared to its average volume of 132,494. The company has a current ratio of 0.62, a quick ratio of 0.52 and a debt-to-equity ratio of 297.21. Stroeer SE & Co KGaA has a 1 year low of €40.30 ($46.86) and a 1 year high of €75.75 ($88.08). The stock has a fifty day simple moving average of €71.47 and a 200 day simple moving average of €66.81. The stock has a market cap of $4.06 billion and a P/E ratio of -508.45.
Ströer SE & Co KGaA provides out-of-home and online advertising services to private and corporate customers 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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