Stroeer SE & Co KGaA (ETR:SAX) Given a €47.50 Price Target by Barclays Analysts

Barclays set a €47.50 ($55.23) price target on Stroeer SE & Co KGaA (ETR:SAX) in a research note published on Monday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

A number of other brokerages also recently issued reports on SAX. Goldman Sachs Group set a €85.50 ($99.42) price objective on Stroeer SE & Co KGaA and gave the stock a buy rating in a research report on Monday. Deutsche Bank set a €84.00 ($97.67) price objective on Stroeer SE & Co KGaA and gave the stock a buy rating in a research report on Wednesday, March 4th. Warburg Research set a €83.00 ($96.51) price objective on Stroeer SE & Co KGaA and gave the stock a buy rating in a research report on Tuesday, March 3rd. JPMorgan Chase & Co. set a €89.00 ($103.49) price objective on Stroeer SE & Co KGaA and gave the stock a buy rating in a research report on Friday, March 20th. Finally, UBS Group set a €81.00 ($94.19) price objective on Stroeer SE & Co KGaA and gave the stock a buy rating in a research report on Tuesday, March 3rd. Two equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The stock currently has an average rating of Buy and a consensus target price of €78.67 ($91.47).

Shares of SAX stock opened at €47.94 ($55.74) on Monday. The company has a debt-to-equity ratio of 283.55, a quick ratio of 0.56 and a current ratio of 0.66. Stroeer SE & Co KGaA has a 52-week low of €49.16 ($57.16) and a 52-week high of €78.65 ($91.45). The company has a market capitalization of $2.71 billion and a PE ratio of -185.81. The business’s fifty day moving average is €65.77 and its 200 day moving average is €70.06.

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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