Stroeer SE & Co KGaA (ETR:SAX) PT Set at €73.00 by HSBC
HSBC set a €73.00 ($84.88) price objective on Stroeer SE & Co KGaA (ETR:SAX) in a research note published on Thursday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Several other equities analysts have also recently issued reports on the company. Warburg Research set a €74.00 ($86.05) price objective on Stroeer SE & Co KGaA and gave the company a buy rating in a research note on Tuesday, July 2nd. Goldman Sachs Group set a €75.30 ($87.56) target price on Stroeer SE & Co KGaA and gave the stock a buy rating in a research note on Monday, June 3rd. Hauck & Aufhaeuser set a €72.00 ($83.72) target price on Stroeer SE & Co KGaA and gave the stock a buy rating in a research note on Thursday, May 16th. Barclays set a €63.00 ($73.26) target price on Stroeer SE & Co KGaA and gave the stock a buy rating in a research note on Tuesday, May 14th. Finally, Kepler Capital Markets set a €47.50 ($55.23) target price on Stroeer SE & Co KGaA and gave the stock a neutral rating in a research note on Tuesday, May 14th. Two equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The stock has a consensus rating of Buy and an average price target of €65.38 ($76.02).
Shares of SAX opened at €67.35 ($78.31) on Thursday. The firm has a 50-day moving average of €62.58. The company has a quick ratio of 0.46, a current ratio of 0.54 and a debt-to-equity ratio of 249.58. The stock has a market cap of $3.78 billion and a PE ratio of -261.05. Stroeer SE & Co KGaA has a 1 year low of €40.30 ($46.86) and a 1 year high of €67.00 ($77.91).
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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