Stratec Biomedical AG (SBS) Receives Average Recommendation of “Hold” from Analysts

Stratec Biomedical AG (ETR:SBS) has earned a consensus rating of “Hold” from the six research firms that are currently covering the company, MarketBeat Ratings reports. Four analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is €60.50 ($72.02).

Several brokerages recently issued reports on SBS. Oddo Bhf set a €58.00 ($69.05) price target on Stratec Biomedical and gave the company a “neutral” rating in a research note on Monday, October 23rd. Berenberg Bank set a €59.00 ($70.24) price target on Stratec Biomedical and gave the company a “neutral” rating in a research note on Thursday, December 7th. Warburg Research set a €62.00 ($73.81) price target on Stratec Biomedical and gave the company a “buy” rating in a research note on Thursday, October 26th. Kepler Capital Markets set a €70.00 ($83.33) price target on Stratec Biomedical and gave the company a “buy” rating in a research note on Friday, October 27th. Finally, Deutsche Bank set a €56.00 ($66.67) price objective on Stratec Biomedical and gave the company a “neutral” rating in a research note on Tuesday, October 24th.

Shares of Stratec Biomedical (ETR SBS) opened at €67.40 ($80.24) on Friday. Stratec Biomedical has a 52 week low of €44.52 ($53.00) and a 52 week high of €70.33 ($83.73). The firm has a market capitalization of $803.47 and a P/E ratio of 29.43.

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Stratec Biomedical Company Profile

STRATEC Biomedical AG designs and manufactures solutions for automated processes in the fields of in vitro diagnostics and life sciences. The company operates through two segments, Instrumentation and All Other segments. It offers instrumentation products, such as automated analyzer systems, including THOLOS VMI-100, GEMINI, and GEMINI Combo for use in clinical diagnostics and biotechnology to laboratories, blood banks, and research institutes.

Analyst Recommendations for Stratec Biomedical (ETR:SBS)

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