Barclays Reaffirms Their Hold Rating on Stroeer SE & Co. KGaA (0MYZ)
In a report released on January 23, Julien Roch from Barclays maintained a Hold rating on Stroeer SE & Co. KGaA (0MYZ – Research Report), with a price target of €55.00. The company’s shares closed last Thursday at €56.00.
Roch covers the Communication Services sector, focusing on stocks such as Interpublic Group of Companies, Omnicom Group, and Universal Music Group. According to TipRanks, Roch has an average return of 0.2% and a 43.61% success rate on recommended stocks.
In addition to Barclays, Stroeer SE & Co. KGaA also received a Hold from Goldman Sachs’s James Tate CFA in a report issued on January 13. However, on January 15, Bernstein maintained a Buy rating on Stroeer SE & Co. KGaA (LSE: 0MYZ).
Based on Stroeer SE & Co. KGaA’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of €436.27 million and a net profit of €36.94 million. In comparison, last year the company earned a revenue of €414.29 million and had a net profit of €37.19 million
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Stroeer SE & Co KGaA is a Germany-based holding company focused on promotional media services outside of the home. The company’s portfolio includes out-of-home media, mobile target group, street furniture, and online advertising. It operates in three main business segments, Out of Home (OOH) Media, Digital OOH & Content, and Direct Media. The largest segment, OOH Media, includes public video screen advertising, street furniture advertising, and free-standing signs, primarily in Germany. The company’s advertising creatives are present in every major German and European city.