Goldman cuts Stroeer to 'sell' on macro headwinds, Statista risks

Stroeer SE & Co KGaA

03/06/2026 08:53

** Goldman Sachs downgrades German media firm Stroeer SAXG.DE to "sell" from "neutral", citing a weakening consumer backdrop and deteriorating performance in non-core assets
** The brokerage expects macro uncertainty to weigh on organic growth in Stroeer's core out-of-home (OOH) advertising business through 2026
** GS also forecasts declining profitability in its non-core segments Statista and cosmetics brand ASAM Beauty due to shifting consumer demand
** "AI is lowering the barriers to basic data aggregation and accelerating the shift toward answer-based discovery" at Statista, GS says
** Shares fall over 5% at the open
** Of 12 analysts covering Stroeer, eight rate the stock "strong buy" or "buy", ​three "hold" and one "sell" - LSEG data

 (Reporting by Orest Dovhan)
 ((Orest.Dovhan@thomsonreuters.com))