Barclays Reiterates “€76.00” Price Target for Stroeer SE & Co KGaA (ETR:SAX)

Stroeer SE & Co KGaA (ETR:SAX) received a €76.00 ($88.37) price target from Barclays in a research note issued on Thursday, Borsen Zeitung reports. The firm presently has a “neutral” rating on the stock. Barclays‘s price target would suggest a potential upside of 2.43% from the stock’s current price.

Other equities research analysts have also recently issued research reports about the stock. HSBC set a €79.00 ($91.86) price target on shares of Stroeer SE & Co KGaA and gave the company a “buy” rating in a report on Monday, August 12th. JPMorgan Chase & Co. set a €106.00 ($123.26) price target on shares of Stroeer SE & Co KGaA and gave the company a “buy” rating in a report on Wednesday. Hauck & Aufhaeuser set a €80.00 ($93.02) price target on shares of Stroeer SE & Co KGaA and gave the company a “buy” rating in a report on Monday. Deutsche Bank set a €80.00 ($93.02) price target on shares of Stroeer SE & Co KGaA and gave the company a “buy” rating in a report on Monday, August 12th. Finally, Warburg Research set a €87.00 ($101.16) price target on shares of Stroeer SE & Co KGaA and gave the company a “buy” rating in a report on Wednesday. Four analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of €77.06 ($89.60).

ETR:SAX opened at €74.20 ($86.28) on Thursday. The company’s 50 day moving average price is €71.32 and its 200-day moving average price is €66.66. Stroeer SE & Co KGaA has a 52 week low of €40.30 ($46.86) and a 52 week high of €75.75 ($88.08). The company has a quick ratio of 0.52, a current ratio of 0.62 and a debt-to-equity ratio of 297.21. The stock has a market cap of $4.17 billion and a price-to-earnings ratio of -522.54.

About Stroeer SE & Co KGaA

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

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