Warburg Research Analysts Give Stroeer SE & Co KGaA (SAX) a €75.00 Price Target
Stroeer SE & Co KGaA (ETR:SAX) has been assigned a €75.00 ($92.59) price target by investment analysts at Warburg Research in a note issued to investors on Thursday. The brokerage presently has a “buy” rating on the stock. Warburg Research’s price objective would indicate a potential upside of 24.07% from the stock’s previous close.
A number of other equities research analysts have also recently issued reports on the company. Citigroup set a €75.00 ($92.59) price objective on Stroeer SE & Co KGaA and gave the stock a “buy” rating in a research note on Monday, December 11th. JPMorgan Chase & Co. set a €77.00 ($95.06) price objective on Stroeer SE & Co KGaA and gave the stock a “buy” rating in a research note on Wednesday, November 29th. Deutsche Bank set a €64.00 ($79.01) price objective on Stroeer SE & Co KGaA and gave the stock a “buy” rating in a research note on Thursday, November 2nd. Oddo Bhf set a €52.00 ($64.20) price objective on Stroeer SE & Co KGaA and gave the stock a “neutral” rating in a research note on Monday, November 13th. Finally, Barclays set a €67.00 ($82.72) price objective on Stroeer SE & Co KGaA and gave the stock a “buy” rating in a research note on Monday, November 13th. Five research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. Stroeer SE & Co KGaA presently has an average rating of “Buy” and a consensus target price of €65.64 ($81.04).
Shares of Stroeer SE & Co KGaA (ETR:SAX) opened at €60.45 ($74.63) on Thursday. Stroeer SE & Co KGaA has a 12 month low of €44.84 ($55.36) and a 12 month high of €65.65 ($81.05). The stock has a market capitalization of $3,240.00 and a P/E ratio of 43.49.
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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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