Stroeer SE & Co KGaA (SAX) Received €64.09 Average Target Price from Analysts

Stroeer SE & Co KGaA (SAX) Received €64.09 Average Target Price from Analysts

Shares of Stroeer SE & Co KGaA (ETR:SAX) have earned an average rating of “Buy” from the eleven research firms that are currently covering the firm, Marketbeat reports. Three investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is €63.73 ($74.10).

Several research firms have weighed in on SAX. Kepler Capital Markets set a €57.00 ($66.28) price target on Stroeer SE & Co KGaA and gave the stock a “neutral” rating in a research note on Wednesday, November 28th. Deutsche Bank set a €63.00 ($73.26) price target on Stroeer SE & Co KGaA and gave the stock a “buy” rating in a research note on Tuesday, December 4th. Hauck & Aufhaeuser set a €76.00 ($88.37) price target on Stroeer SE & Co KGaA and gave the stock a “buy” rating in a research note on Friday, October 12th. HSBC set a €71.50 ($83.14) price target on Stroeer SE & Co KGaA and gave the stock a “buy” rating in a research note on Monday, November 19th. Finally, Warburg Research set a €68.00 ($79.07) price target on Stroeer SE & Co KGaA and gave the stock a “buy” rating in a research note on Thursday, November 22nd.

SAX stock traded down €1.75 ($2.03) during midday trading on Wednesday, hitting €49.00 ($56.98). The company’s stock had a trading volume of 104,365 shares, compared to its average volume of 132,494. Stroeer SE & Co KGaA has a 12 month low of €45.41 ($52.80) and a 12 month high of €66.40 ($77.21).

Stroeer SE & Co KGaA Company Profile

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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