Analyst Recommendations

Date Investment Bank Analyst Rating Target Price in €
2/27/2019 Hauck & Aufhäuser Carlos Becke Buy 72.00
11/13/2018 Liberum Ian Whittaker Buy 70.00
2/26/2019 Warburg Research Patrick Schmidt Buy 68.00
1/30/2019 HSBC Oliver Moral Buy 67.00
2/26/2019 Bankhaus Lampe Christoph Bast Buy 65.00
5/16/2018 Commerzbank Sonia Rabussier Hold 65.00
11/13/2018 Oddo BHF Remi Adam Hold 64.00
2/27/2019 Barclays Julien Roch Buy 63.00
3/5/2019 Deutsche Bank Fathima-Nizla Naizer Buy 63.00
2/26/2019 MainFirst Jean-Baptiste Sergeant Buy 63.00
2/26/2019 J.P. Morgan Marcus Diebel Buy 62.00
11/23/2018 LBBW Achim Wittmann Buy 61.00
2/27/2019 Morgan Stanley Patrick Wellington Hold 59.00
2/26/2019 Goldman Sachs Katherine Tait Buy 54.80
1/21/2019 Citi Catherine O'Neill Buy 51.00
2/27/2019 KeplerCheuvreux Craig Abbott Hold 47.50

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.