Kepler Capital Markets Reiterates “€56.50” Price Target for Stroeer SE & Co KGaA (SAX)
Stroeer SE & Co KGaA (ETR:SAX) has been assigned a €56.50 ($66.47) target price by equities researchers at Kepler Capital Markets in a report issued on Thursday. The brokerage currently has a “buy” rating on the stock.
A number of other research analysts also recently issued reports on the company. Deutsche Bank AG set a €60.00 ($70.59) price target on Stroeer SE & Co KGaA and gave the company a “buy” rating in a report on Monday, July 10th. Nord/LB set a €58.00 ($68.24) price target on Stroeer SE & Co KGaA and gave the company a “neutral” rating in a report on Thursday, June 1st. Barclays PLC set a €59.50 ($70.00) price target on Stroeer SE & Co KGaA and gave the company a “buy” rating in a report on Wednesday, July 12th. J P Morgan Chase & Co reaffirmed a “buy” rating on shares of Stroeer SE & Co KGaA in a report on Monday, May 29th. Finally, HSBC Holdings plc set a €57.00 ($67.06) price target on Stroeer SE & Co KGaA and gave the company a “buy” rating in a report on Wednesday, July 19th. Two investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of €58.83 ($69.22).
Shares of Stroeer SE & Co KGaA (SAX) opened at 56.008 on Thursday. Stroeer SE & Co KGaA has a 1-year low of €34.40 and a 1-year high of €58.50. The stock’s 50 day moving average price is €53.59 and its 200-day moving average price is €51.48. The company has a market capitalization of €3.10 billion and a PE ratio of 45.535.
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About Stroeer SE & Co KGaA
Stroeer SE & Co KGaA is a Germany-based digital multi-channel media company and provider of out-of-home and online advertising. The Company operates through three segments: Digital, Out-of-Home Deutschland and Out-of-Home International. The Digital business comprises the Stroeer Digital Group, Stroeer Content Group, Stroeer Digital International and Infoscreen, and focuses on digital advertising solutions and public videos.
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