Stroeer (ETR:SAX) Stock Upgrade
Kepler Cheuvreux has just given Stroeer (ETR:SAX) shares an updated Buy rating in a note revealed to investors and clients on Wednesday morning. The financial firm presently has a respectable EUR 70.00 price target on the stock. The target announced by Kepler Cheuvreux is 26.88% 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 €80 while the lowest target price is €57. The mean of all analyst targets is €70.29 with a 27.29% above today’s (€55.22) stock price. Stroeer was the topic of 22 analyst reports since August 26, 2015 according to the firm StockzIntelligence Inc. Deutsche Bank upgraded shares on December 10 to “Buy” rating. Oddo & Cie upgraded shares to “Buy” rating and €65 target share price in a report from a November 11. Bankhaus Lampe upgraded SAX stock in a recent report from November 20 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 2.72% or EUR 1.46 on December 15, striking EUR 55.22. Approximately 254,000 shares of stock traded hands. Stroeer SE (ETR:SAX) has risen 6.00% since November 16, 2015 and is uptrending. It has outperformed by 9.68% the S&P500.
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 3.05 billion EUR. It offers communications solutions that connect brands and products with target groups. It has 64.22 P/E ratio. The Company’s portfolio includes Out-of-Home Media, Mobile target group, Street furniture and online advertising.