Several other research analysts have also issued reports on SAX. Morgan Stanley set a €65.00 ($76.47) price target on shares of Ströer SE & Co. KGaA and gave the stock a buy rating in a research report on Thursday, August 17th. Warburg Research set a €70.00 ($82.35) price target on shares of Ströer SE & Co. KGaA and gave the stock a buy rating in a research report on Monday, August 14th. J P Morgan Chase & Co restated a buy rating on shares of Ströer SE & Co. KGaA in a research report on Friday, August 11th. Deutsche Bank AG set a €60.00 ($70.59) price target on shares of Ströer SE & Co. KGaA and gave the stock a buy rating in a research report on Friday, August 11th. Finally, Barclays PLC set a €63.00 ($74.12) price objective on shares of Ströer SE & Co. KGaA and gave the stock a buy rating in a research report on Friday, August 11th. Five analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. The company presently has an average rating of Buy and an average target price of €62.08 ($73.04).
Ströer SE & Co. KGaA (SAX) traded up €0.12 ($0.14) during midday trading on Monday, hitting €61.44 ($72.28). 84,018 shares of the company were exchanged, compared to its average volume of 115,935. Ströer SE & Co. KGaA has a fifty-two week low of €34.25 ($40.29) and a fifty-two week high of €63.10 ($74.24).
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Ströer SE & Co KGaA provides out-of-home and online advertising services 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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