JPMorgan Chase & Co. set a €106.00 ($123.26) target price on Stroeer SE & Co KGaA (ETR:SAX) in a report released on Wednesday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Several other brokerages also recently weighed in on SAX. Warburg Research set a €87.00 ($101.16) price objective on shares of Stroeer SE & Co KGaA and gave the company a buy rating in a research report on Friday, October 11th. HSBC set a €79.00 ($91.86) price objective on shares of Stroeer SE & Co KGaA and gave the company a buy rating in a research report on Monday, August 12th. Deutsche Bank set a €80.00 ($93.02) price objective on shares of Stroeer SE & Co KGaA and gave the company a buy rating in a research report on Monday, August 12th. Hauck & Aufhaeuser set a €80.00 ($93.02) price objective on shares of Stroeer SE & Co KGaA and gave the company a buy rating in a research report on Monday. Finally, Goldman Sachs Group set a €79.00 ($91.86) price objective on shares of Stroeer SE & Co KGaA and gave the company a neutral rating in a research report on Tuesday, September 24th. Four analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The stock has a consensus rating of Buy and an average price target of €77.06 ($89.60).
ETR:SAX traded up €0.25 ($0.29) during mid-day trading on Wednesday, hitting €73.40 ($85.35). The stock had a trading volume of 75,647 shares, compared to its average volume of 132,494. The stock has a market capitalization of $4.12 billion and a price-to-earnings ratio of -516.90. The company has a 50 day simple moving average of €71.40 and a 200-day simple moving average of €66.74. 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 current ratio of 0.62, a quick ratio of 0.52 and a debt-to-equity ratio of 297.21.
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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