Ströer (ETR:SAX) received a €72.00 ($85.71) target price from equities researchers at Deutsche Bank in a report released on Tuesday. The brokerage presently has a “buy” rating on the stock. Deutsche Bank’s price target would indicate a potential upside of 23.18% from the stock’s previous close.
SAX has been the topic of a number of other reports. Barclays set a €69.50 ($82.74) target price on Ströer and gave the stock a “buy” rating in a research note on Monday, May 14th. Hauck & Aufhaeuser set a €76.00 ($90.48) target price on Ströer and gave the stock a “buy” rating in a research note on Monday, February 19th. Commerzbank set a €64.00 ($76.19) target price on Ströer and gave the stock a “buy” rating in a research note on Thursday, February 22nd. Kepler Capital Markets set a €60.00 ($71.43) target price on Ströer and gave the stock a “neutral” rating in a research note on Tuesday, May 15th. Finally, Nord/LB set a €72.00 ($85.71) target price on Ströer and gave the stock a “buy” rating in a research note on Wednesday, April 18th. Seven analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Ströer presently has a consensus rating of “Buy” and a consensus price target of €66.75 ($79.46).
Ströer opened at €58.45 ($69.58) on Tuesday, according to Marketbeat.com. Ströer has a 12 month low of €45.41 ($54.06) and a 12 month high of €66.40 ($79.05).
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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