Stroeer (ETR:SAX) Stock Upgrade
In a comprehensive report distributed to Clients on Thursday, 17 December, Hauck & Aufhäuser Privatbankiers KGaA upgraded the shares of Stroeer (ETR:SAX) to a respectable “Buy” rating. They currently have a EUR 70.00 target price on the stock. This target price implies a possible upside of 24.18% from the price per share of Stroeer (ETR: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 24.30% above today’s (€56.55) stock price. Stroeer was the topic of 24 analyst reports since August 26, 2015 according to the firm StockzIntelligence Inc. Kepler Cheuvreux upgraded shares on December 16 to “Buy” rating. Oddo & Cie upgraded shares to “Buy” rating and €65 target share price in a report from a November 11. Deutsche Bank upgraded SAX stock in a recent report from December 10 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 2.41% or EUR 1.33 on December 16, striking EUR 56.55. Approximately 270,199 shares of stock traded hands. Stroeer SE (ETR:SAX) has risen 6.00% since November 17, 2015 and is uptrending. It has outperformed by 8.62% 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 3.04 billion EUR. It offers communications solutions that connect brands and products with target groups. It has 65.76 P/E ratio. The Company’s portfolio includes Out-of-Home Media, Mobile target group, Street furniture and online advertising.