Stroeer SE & Co KGaA (ETR:SAX) has been assigned a €64.10 ($72.02) price objective by investment analysts at Goldman Sachs Group in a report released on Monday, Borsen Zeitung reports. The firm currently has a “neutral” rating on the stock. Goldman Sachs Group’s target price would indicate a potential upside of 7.01% from the company’s previous close.
A number of other brokerages have also recently issued reports on SAX. Kepler Capital Markets set a €73.00 ($82.02) target price on Stroeer SE & Co KGaA and gave the stock a “buy” rating in a report on Monday, May 25th. Hauck & Aufhaeuser set a €68.00 ($76.40) target price on Stroeer SE & Co KGaA and gave the stock a “sell” rating in a report on Monday, May 11th. Barclays set a €60.00 ($67.42) target price on Stroeer SE & Co KGaA and gave the stock a “neutral” rating in a report on Wednesday, May 13th. HSBC set a €69.00 ($77.53) target price on Stroeer SE & Co KGaA and gave the stock a “buy” rating in a report on Tuesday, April 14th. Finally, Warburg Research set a €64.00 ($71.91) target price on Stroeer SE & Co KGaA and gave the stock a “buy” rating in a report on Tuesday, May 12th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and seven have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of €69.21 ($77.76).
SAX opened at €59.90 ($67.30) on Monday. Stroeer SE & Co KGaA has a one year low of €37.00 ($41.57) and a one year high of €78.65 ($88.37). The company has a debt-to-equity ratio of 305.69, a quick ratio of 1.01 and a current ratio of 1.10. The stock’s fifty day moving average is €63.59 and its 200-day moving average is €64.28. The company has a market capitalization of $3.37 billion and a PE ratio of 42.88.
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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