Deutsche Bank AG Seems to Have Gained Confidence In Stroeer (ETR:SAX), Upgrades Stocks


Stroeer (ETR:SAX) Stock Upgrade

In recent note revealed to investors on Thursday morning, Deutsche Bank AG decided to upgrade shares of Stroeer (ETR:SAX) to a “Buy” rating. The firm currently has a respectable EUR 70.00 TP on SAX shares.

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 25.85% above today’s (€55.85) stock price. Stroeer was the topic of 21 analyst reports since August 26, 2015 according to the firm StockzIntelligence Inc. Commerzbank upgraded shares on November 27 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 decreased 2.60% or EUR 1.49 on December 9, striking EUR 55.85. Approximately 207,145 shares of stock traded hands. Stroeer SE (ETR:SAX) has risen 6.00% since November 10, 2015 and is uptrending. It has outperformed by 6.80% the S&P500.

 Deutsche Bank AG Seems to Have Gained Confidence In Stroeer (ETR:SAX), Upgrades Stocks

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 3.17 billion EUR. It offers communications solutions that connect brands and products with target groups. It has 64.95 P/E ratio. The Company’s portfolio includes Out-of-Home Media, Mobile target group, Street furniture and online advertising.