Barclays PLC Reiterates €59.50 Price Target for Stroeer SE & Co KGaA (ETR:SAX)

Stroeer SE & Co KGaA (ETR:SAX) received a €59.50 ($70.00) price target from equities researchers at Barclays PLC in a research note issued to investors on Wednesday, July 12th. The brokerage currently has a “buy” rating on the stock.

SAX has been the subject of several other reports. J P Morgan Chase & Co restated a “buy” rating on shares of Stroeer SE & Co KGaA in a report on Saturday, May 20th. Oddo Securities set a €47.00 ($55.29) price target on shares of Stroeer SE & Co KGaA and gave the stock a “neutral” rating in a report on Monday, May 29th. Deutsche Bank AG set a €60.00 ($70.59) target price on shares of Stroeer SE & Co KGaA and gave the company a “buy” rating in a research note on Monday, July 10th. Hauck & Aufhaeuser set a €64.00 ($75.29) target price on shares of Stroeer SE & Co KGaA and gave the company a “buy” rating in a research note on Saturday, May 20th. Finally, Nord/LB set a €58.00 ($68.24) target price on shares of Stroeer SE & Co KGaA and gave the company a “neutral” rating in a research note on Thursday, June 1st. Two research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of €58.19 ($68.46).

Stroeer SE & Co KGaA (ETR SAX) traded up 0.377% during mid-day trading on Wednesday, reaching €55.717. 420 shares of the company traded hands. The stock has a market capitalization of €3.08 billion and a PE ratio of 45.298. The stock has a 50-day moving average of €53.64 and a 200 day moving average of €51.41. Stroeer SE & Co KGaA has a 52-week low of €34.40 and a 52-week high of €58.50.

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Stroeer SE & Co KGaA Company Profile

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.

Analyst Recommendations for Stroeer SE & Co KGaA (ETR:SAX)

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