Analyst Recommendations

Date Investment Bank Analyst Rating Target Price in €
11/29/2017 J.P. Morgan Marcus Diebel Buy 77.00
2/19/2018 Hauck & Aufhäuser Pierre Gröning Buy 76.00
2/15/2018 Warburg Research Lucas Boventer Buy 75.00
12/11/2017 Citi Catherine O'Neill Buy 75.00
2/13/2018 Deutsche Bank Fathima-Nizla Naizer Buy 72.00
1/31/2018 NordLB Holger Fechner Buy 72.00
1/30/2018 MainFirst Jean-Baptiste Sergeant Buy 72.00
1/29/2018 Barclays Asen Kostadinov Buy 72.00
2/16/2018 Bankhaus Lampe Christoph Bast Buy 69.00
2/19/2018 Liberum Annick Maas Buy 68.00
11/10/2017 Jefferies Tamsin Garrity Buy 67.00
12/14/2017 HSBC Oliver Moral Hold 65.00
2/15/2018 Morgan Stanley Patrick Wellington Buy 64.00
2/9/2018 Commerzbank Sonia Rabussier Buy 64.00
1/30/2018 KeplerCheuvreux Craig Abbott Hold 60.00
6/22/2017 LBBW Bettina Deuscher Buy 60.00
11/6/2017 Oddo Seydler Marcus Silbe Hold 52.00

Important Note

This list is provided for information only and does not constitute a solicitation to buy, hold or sell securities.

The sole responsibility for the content and the conclusions of the mentioned analyst studies or recommendations respectively rests with the named investment banks.

Banks and securities firms use different terms for their equity ratings.

Any opinions, estimates or forecasts made by these analysts on the performance of Ströer Media are not opinions, forecasts or predictions of Ströer SE & Co. KGaA or its management. By providing the list above, Ströer SE & Co. KGaA does not imply its endorsement of or concurrence with such information, conclusions or recommendations.

The list contains the sell-side analysts who cover Ströer Media. The list has been drawn up to the best of our knowledge. Ströer SE & Co. KGaA cannot give any assurance that the list represents a full overview of all analyst reports available on the market. This list may not be complete and may change from time to time. We update the list periodically, but undertake no obligation to do so.

Copies of reports by any of the listed analysts must be obtained directly from the analysts or their firms. Ströer SE & Co. KGaA does not distribute such reports.