How Positive is Commerzbank AG on Stroeer (ETR:SAX) Following Today’s Upgrade? The TP is EUR 80.00

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Stroeer (ETR:SAX) Stock Upgrade

Stroeer (ETR:SAX) was just upgraded by Commerzbank AG to a respectable “Buy” rating in analysts note issued on Friday, 27 November. The firm after the upgrade has a EUR 80.00 Estimated Target Price on the shares. This target is 40.77% from SAX’s current share price.

From a total of 7 analysts covering Stroeer (ETR:SAX) stock, 7 rate it a ”Buy”, 0 a “Sell”, and 0 a ”Hold”. This means that 100% of the ratings are positive. The highest target price is €73 while the lowest target price is €57. The mean of all analyst targets is €68.71 with a 20.93% above today’s (€56.82) stock price. Stroeer was the topic of 20 analyst reports since August 26, 2015 according to the firm StockzIntelligence Inc. Deutsche Bank upgraded shares on November 24 to “Buy” rating. Oddo & Cie upgraded shares to “Buy” rating and €65 target share price in a report from a November 11. Kepler Cheuvreux upgraded SAX stock in a recent report from November 19 to “Buy” rating. Hauck & Aufhäuser Privatbankiers KGaA upgraded the rating on November 4. Hauck & Aufhäuser Privatbankiers KGaA has a “Buy” rating and a €64 price target on shares. Finally, Jefferies upgraded the stock to “Buy” rating in a report issued on a November 13.

The stock increased 0.26% or EUR 0.15 on November 26, striking EUR 56.82. Approximately 196,196 shares of stock traded hands. Stroeer SE (ETR:SAX) has risen 6.00% since October 28, 2015 and is uptrending. It has outperformed by 7.36% the S&P500.

 How Positive is Commerzbank AG on Stroeer (ETR:SAX) Following Today’s Upgrade? The TP is EUR 80.00

Stroeer SE, formerly Stroeer Media SE, is a Germany holding firm engaged in the field of promotional media used outside of private homes. The company has a market cap of 2.74 billion EUR. It offers communications solutions that connect brands and products with target groups. It has 66.08 P/E ratio. The Company’s portfolio includes Out-of-Home Media, Mobile target group, Street furniture and online advertising.

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