Equity research
|
Institution | Analyst | Telephone | |
| Erste Group | Michael Marschallinger | +43 0 50100 0 | michael.marschallinger@erstegroup.com |
| Kepler Cheuvreux | Patrick Steiner | +43 1 20 577 383 | psteiner@keplercheuvreux.com |
| LBBW | Jens Münstermann | +49 711 1273 0 | jens.muenstermann@lbbw.de |
| Raiffeisen Bank International | Markus Remis | +43 1 1717 07 0 | markus.remis@rbinternational.com |
Consensus
Target | |
| Low | € 41.0 |
| Average | € 48.3 |
| High | € 53.5 |
2024 | 2025 | 2026 | |
| Revenue (in € million) | 17,964 | 18,316 | 18,500 |
| Clean EBIT incl. associates (in € million) | 802 | 820 | 805 |
| Reported Net income after min. (in € million) | 573 | 577 | 557 |
| Dividend per share (in €) | 2.15 | 2.25 | 2.27 |
| Reported EPS (in €) | 5.12 | 5.02 | 4.83 |
| P/E | 7.8 | 8.0 | 8.4 |
| STRABAG SE EBIT margin target (in %) | remain at ≥ 4.0 % | – | – |
| Institution | Analyst | Date | Price Target | Recommendation |
| Erste Group | Michael Marschallinge | 19.11.2024 | € 50.8 | Buy |
| RBI | Markus Remis | 14.11.2024 | € 53.5 | Buy |
| RBI | Markus Remis | 25.10.2024 | € 53.5 | Buy |
| LBBW | Jens Münstermann | 20.9.2024 | € 41.0 | Halten |
| Erste Group | Michael Marschallinge | 6.9.2024 | € 50.2 | Buy |
| Erste Group | Michael Marschallinge | 30.8.2024 | € 55.7 | Buy |
| Kepler Cheuvreux | Patrick Steiner | 30.8.2024 | € 48.0 | Buy |
| RBI | Markus Remis | 30.8.2024 | € 53.5 | Buy |
| RBI | Markus Remis | 14.6.2024 | € 53.5 | Buy |
| Kepler Cheuvreux | Patrick Steiner | 2.5.2024 | € 48.0 | Buy |
| LBBW | Jens Münstermann | 26.4.2024 | € 43.0 | Halten |
| Erste Group | Michael Marschallinge | 25.4.2024 | € 51.0 | Buy |
| Kepler Cheuvreux | Patrick Steiner | 25.4.2024 | € 48.0 | Buy |
| RBI | Markus Remis | 15.2.2024 | € 51.5 | Buy |
| Erste Group | Michael Marschallinge | 6.2.2024 | € 55.0 | Buy |
| Erste Group | Michael Marschallinge | 11.12.2023 | € 55.0 | Buy |
| Erste Group | Michael Marschallinge | 17.11.2023 | € 54.7 | Buy |
| RBI | Markus Remis | 16.11.2023 | € 51.5 | Buy |
| Kepler Cheuvreux | Patrick Steiner | 16.11.2023 | € 52.0 | Buy |
| LBBW | Jens Münstermann | 14.9.2023 | € 43.0 | Halten |
| Erste Group | Michael Marschallinge | 12.9.2023 | € 54.7 | Buy |
| RBI | Markus Remis | 8.9.2023 | € 51.5 | Buy |
| Kepler Cheuvreux | Patrick Steiner | 31.8.2023 | € 52.0 | Buy |
| Kepler Cheuvreux | Patrick Steiner | 25.8.2023 | € 52.0 | Buy |
| Erste Group | Michael Marschallinge | 2.6.2023 | € 53.7 | Buy |
| Erste Group | Michael Marschallinge | 11.5.2023 | € 53.5 | Buy |
| Kepler Cheuvreux | Patrick Steiner | 11.5.2023 | € 50.0 | Buy |
| RBI | Markus Remis | 11.5.2023 | € 51.5 | Buy |
| LBBW | Jens Münstermann | 4.5.2023 | € 42.0 | Halten |
| Kepler Cheuvreux | Patrick Steiner | 3.5.2023 | € 50.0 | Buy |
| Erste Group | Michael Marschallinge | 27.4.2023 | € 53.5 | Buy |
| Kepler Cheuvreux | Patrick Steiner | 27.4.2023 | € 50.0 | Buy |
| Erste Group | Michael Marschallinge | 20.4.2023 | € 53.5 | Buy |
| Kepler Cheuvreux | Patrick Steiner | 15.3.2023 | € 50.0 | Buy |
| RBI | Markus Remis | 13.3.2023 | € 51.5 | Buy |
| RBI | Markus Remis | 17.2.2023 | € 51.5 | Buy |
| Kepler Cheuvreux | Torsten Sauter | 17.2.2023 | € 45.0 | Buy |
| Erste Group | Michael Marschallinge | 17.2.2023 | € 52.5 | Buy |
| LBBW | Jens Münstermann | 20.1.2023 | € 39.0 | Halten |
| Erste Group | Michael Marschallinge | 16.1.2023 | € 52.5 | Buy |
| Erste Group | Michael Marschallinge | 2.12.2022 | € 52.5 | Buy |
| Erste Group | Michael Marschallinge | 21.11.2022 | € 49.8 | Buy |
| Kepler Cheuvreux | Torsten Sauter | 17.11.2022 | € 45.0 | Buy |
| Erste Group | Michael Marschallinge | 21.10.2022 | € 49.8 | Buy |
| Erste Group | Michael Marschallinge | 9.9.2022 | € 49.8 | Buy |
| Kepler Cheuvreux | Torsten Sauter | 31.8.2022 | € 45.0 | Buy |
| Erste Group | Michael Marschallinge | 31.8.2022 | € 49.5 | Buy |
| RBI | Markus Remis | 31.8.2022 | € 51.5 | Buy |
| Kepler Cheuvreux | Torsten Sauter | 18.8.2022 | € 45.0 | Buy |
| Erste Group | Michael Marschallinge | 18.8.2022 | € 49.5 | Buy |
| Erste Group | Michael Marschallinge | 8.8.2022 | € 49.5 | Buy |
| Kepler Cheuvreux | Torsten Sauter | 29.7.2022 | € 45.0 | Buy |
| Erste Group | Michael Marschallinge | 28.7.2022 | € 49.5 | Buy |
| Erste Group | Michael Marschallinge | 25.7.2022 | € 49.5 | Buy |
| RBI | Markus Remis | 2.6.2022 | € 51.5 | Buy |
| Erste Group | Michael Marschallinge | 1.6.2022 | € 49.5 | Buy |
| Kepler Cheuvreux | Torsten Sauter | 31.5.2022 | € 45.0 | Buy |
| Erste Group | Michael Marschallinge | 31.5.2022 | € 46.2 | Buy |
| Erste Group | Michael Marschallinge | 10.5.2022 | € 46.2 | Buy |
| Erste Group | Michael Marschallinge | 6.5.2022 | € 46.2 | Buy |
| LBBW | Jens Münstermann | 4.5.2022 | € 35.0 | Halten |
| Kepler Cheuvreux | Torsten Sauter | 2.5.2022 | € 45.0 | Buy |
| Erste Group | Michael Marschallinge | 29.4.2022 | € 43.6 | Buy |
| Kepler Cheuvreux | Torsten Sauter | 29.4.2022 | € 45.0 | Buy |
| Kepler Cheuvreux | Torsten Sauter | 7.4.2022 | € 45.0 | Buy |
| Kepler Cheuvreux | Torsten Sauter | 16.3.2022 | € 45.0 | Buy |
| Erste Group | Michael Marschallinge | 15.3.2022 | € 43.6 | Buy |
| RBI | Markus Remis | 23.2.2022 | € 51.5 | Buy |
| RBI | Markus Remis | 17.2.2022 | € 48.0 | Buy |
| Kepler Cheuvreux | Torsten Sauter | 17.2.2022 | € 45.0 | Buy |
| Erste Group | Michael Marschallinge | 17.2.2022 | € 43.6 | Buy |
| Kepler Cheuvreux | Torsten Sauter | 8.2.2022 | € 45.0 | Buy |
| LBBW | Jens Münstermann | 27.1.2022 | € 40.0 | Halten |
| RBI | Markus Remis | 26.1.2022 | € 48.0 | Buy |
| Kepler Cheuvreux | Torsten Sauter | 26.1.2022 | € 44.0 | Buy |
| Erste Group | Michael Marschallinge | 26.1.2022 | € 43.6 | Buy |
| Kepler Cheuvreux | Torsten Sauter | 18.1.2022 | € 44.0 | Buy |
| Deutsche Bank | Matthias Pfeifenberger | 14.1.2022 | € 45.0 | Buy |
| Erste Group | Michael Marschallinger | 20.12.2021 | € 43.6 | Buy |
| RBI | Markus Remis | 9.12.2021 | — | |
| Erste Group | Michael Marschallinger | 7.12.2021 | € 43.6 | Buy |
| LBBW | Jens Münstermann | 29.11.2021 | € 35.0 | Halten |
| Erste Group | Michael Marschallinger | 22.11.2021 | € 42.62 | Buy |
| Erste Group | Michael Marschallinger | 16.11.2021 | € 42.62 | Buy |
| Kepler Cheuvreux | Torsten Sauter | 16.11.2021 | € 44.0 | Buy |
| Kepler Cheuvreux | Torsten Sauter | 11.11.2021 | € 44.0 | Buy |
| Kepler Cheuvreux | Torsten Sauter | 20.10.2021 | € 44.0 | Buy |
| Erste Group | Michael Marschallinger | 4.10.2021 | € 42.62 | Buy |
| Erste Group | Michael Marschallinger | 6.9.2021 | € 42.62 | Buy |
| RBI | Markus Remis | 3.9.2021 | € 48.0 | Buy |
| Kepler Cheuvreux | Torsten Sauter | 1.9.2021 | € 44.0 | Buy |
| RBI | Markus Remis | 31.8.2021 | € 44.5 | Buy |
| Erste Group | Michael Marschallinger | 31.8.2021 | € 42.62 | Buy |
| Kepler Cheuvreux | Torsten Sauter | 31.8.2021 | € 38.0 | Buy |
| Erste Group | Michael Marschallinger | 22.7.2021 | € 42.62 | Buy |
| Erste Group | Michael Marschallinger | 16.7.2021 | € 42.62 | Buy |
| RBI | Markus Remis | 15.7.2021 | € 44.5 | Buy |
| Erste Group | Michael Marschallinger | 14.7.2021 | € 42.62 | Buy |
| Kepler Cheuvreux | Torsten Sauter | 14.7.2021 | € 38.0 | Buy |
| Erste Group | Michael Marschallinger | 14.6.2021 | € 42.62 | Buy |
| LBBW | Jens Münstermann | 11.6.2021 | € 35.0 | Halten |
| Erste Group | Michael Marschallinger | 11.6.2021 | € 42.62 | Buy |
| Commerzbank | Norbert Kretlow | 27.5.2021 | € 32.0 | Hold |
| Kepler Cheuvreux | Torsten Sauter | 27.5.2021 | € 38.0 | Buy |
| RBI | Markus Remis | 4.5.2021 | € 44.5 | Buy |
| LBBW | Jens Münstermann | 3.5.2021 | € 35.0 | Halten |
| Erste Group | Michael Marschallinger | 3.5.2021 | € 42.62 | Buy |
| Kepler Cheuvreux | Torsten Sauter | 3.5.2021 | € 38.0 | Buy |
| RBI | Markus Remis | 30.4.2021 | € 43.5 | Buy |
| Erste Group | Michael Marschallinger | 30.4.2021 | € 42.62 | Buy |
| Kepler Cheuvreux | Torsten Sauter | 30.4.2021 | € 35.0 | Buy |
| HSBC | Christian Korth | 23.4.2021 | € 37.0 | Buy |
| Kepler Cheuvreux | Torsten Sauter | 8.4.2021 | € 35.0 | Buy |
| Kepler Cheuvreux | Torsten Sauter | 16.2.2021 | € 35.0 | Buy |
| Erste Group | Michael Marschallinger | 15.2.2021 | € 42.62 | Buy |
| RBI | Markus Remis | 12.2.2021 | € 43.5 | Buy |
| Erste Group | Michael Marschallinger | 12.2.2021 | € 42.62 | Buy |
| RBI | Markus Remis | 10.2.2021 | € 38.0 | Buy |
| Commerzbank | Norbert Kretlow | 10.2.2021 | € 32.0 | Hold |
| Kepler Cheuvreux | Torsten Sauter | 10.2.2021 | € 33.25 | Buy |
| Erste Group | Michael Marschallinger | 10.2.2021 | € 42.62 | Buy |
| RBI | Markus Remis | 9.2.2021 | € 38.0 | Buy |
| Kepler Cheuvreux | Torsten Sauter | 19.1.2021 | € 33.25 | Buy |
| Erste Group | Michael Marschallinger | 18.1.2021 | € 42.62 | Buy |
| Commerzbank | Norbert Kretlow | 17.11.2020 | € 32.0 | Hold |
| Erste Group | Michael Marschallinger | 13.11.2020 | € 42.62 | Buy |
| LBBW | Jens Münstermann | 13.11.2020 | € 21.0 | Verkaufen |
| Kepler Cheuvreux | Torsten Sauter | 13.11.2020 | € 33.25 | Buy |
| Erste Group | Michael Marschallinger | 12.11.2020 | € 42.62 | Buy |
| Kepler Cheuvreux | Torsten Sauter | 12.11.2020 | € 33.25 | Buy |
| Erste Group | Michael Marschallinger | 9.11.2020 | € 42.62 | Buy |
| Erste Group | Michael Marschallinger | 28.9.2020 | € 42.62 | Buy |
| Erste Group | Michael Marschallinger | 21.9.2020 | € 42.62 | Buy |
| LBBW | Jens Münstermann | 8.9.2020 | € 21.0 | Verkaufen |
| Erste Group | Michael Marschallinger | 2.9.2020 | € 42.62 | Buy |
| Kepler Cheuvreux | Torsten Sauter | 2.9.2020 | € 33.25 | Buy |
| RCB | Markus Remis | 1.9.2020 | € 38.0 | Buy |
| RCB | Markus Remis | 31.8.2020 | € 38.0 | Buy |
| Erste Group | Michael Marschallinger | 31.8.2020 | € 42.62 | Buy |
| Commerzbank | Norbert Kretlow | 31.8.2020 | € 36.0 | Hold |
| Kepler Cheuvreux | Torsten Sauter | 31.8.2020 | € 33.25 | Buy |
| Erste Group | Daniel Lion | 14.8.2020 | € 42.6 | Buy |
| Erste Group | Daniel Lion | 3.8.2020 | € 42.9 | Kaufen |
| HSBC | Christian Korth | 10.7.2020 | € 36.0 | Buy |
| RCB | Markus Remis | 30.6.2020 | € 38.0 | Buy |
| Commerzbank | Norbert Kretlow | 30.6.2020 | € 36.0 | Hold |
| Kepler Cheuvreux | Torsten Sauter | 30.6.2020 | € 33.25 | Buy |
| Kepler Cheuvreux | Torsten Sauter | 4.6.2020 | € 33.25 | Buy |
| LBBW | Jens Münstermann | 28.5.2020 | € 21.0 | Verkaufen |
| Commerzbank | Norbert Kretlow | 28.5.2020 | € 36.0 | Hold |
| Kepler Cheuvreux | Torsten Sauter | 28.5.2020 | € 33.25 | Buy |
| Kepler Cheuvreux | Torsten Sauter | 7.5.2020 | € 33.25 | Buy |
| LBBW | Jens Münstermann | 6.5.2020 | € 21.0 | Verkaufen |
| Deutsche Bank | Matthias Pfeifenberger | 30.4.2020 | € 35.0 | Buy |
| RCB | Markus Remis | 30.4.2020 | € 38.0 | Buy |
| RCB | Markus Remis | 29.4.2020 | € 40.5 | Buy |
| Commerzbank | Norbert Kretlow | 29.4.2020 | € 36.0 | Hold |
| Kepler Cheuvreux | Torsten Sauter | 29.4.2020 | € 33.25 | Buy |
| Erste Group | Daniel Lion | 24.4.2020 | € 42.9 | Kaufen |
| Commerzbank | Norbert Kretlow | 24.4.2020 | € 36.0 | Hold |
| Kepler Cheuvreux | Torsten Sauter | 24.4.2020 | € 33.25 | Buy |
| RCB | Markus Remis | 23.4.2020 | € 40.5 | Buy |
| HSBC | Christian Korth | 7.4.2020 | € 35.0 | Buy |
| Commerzbank | Norbert Kretlow | 30.3.2020 | € 36.0 | Hold |
| Erste Group | Daniel Lion | 20.3.2020 | € 42.9 | Kaufen |
| Commerzbank | Norbert Kretlow | 19.3.2020 | € 36.0 | Hold |
| Kepler Cheuvreux | Torsten Sauter | 11.3.2020 | € 36.5 | Buy |
| RCB | Markus Remis | 2.3.2020 | — | |
| RCB | Markus Remis | 13.2.2020 | € 40.5 | Buy |
| RCB | Markus Remis | 12.2.2020 | € 38.5 | Buy |
| Kepler Cheuvreux | Torsten Sauter | 12.2.2020 | € 36.5 | Buy |
| Kepler Cheuvreux | Torsten Sauter | 6.2.2020 | € 36.5 | Buy |
| Kepler Cheuvreux | Torsten Sauter | 21.1.2020 | € 36.5 | Buy |
| Kepler Cheuvreux | Torsten Sauter | 8.1.2020 | € 36.5 | Buy |
| Erste Group | Daniel Lion | 15.11.2019 | € 42.9 | Kaufen |
| LBBW | Jens Münstermann | 13.11.2019 | € 30.0 | Halten |
| RCB | Markus Remis | 27.9.2019 | € 38.5 | Buy |
| Erste Group | Daniel Lion | 30.8.2019 | € 42.9 | Kaufen |
| RCB | Markus Remis | 30.8.2019 | € 38.5 | Buy |
| Commerzbank | Norbert Kretlow | 30.8.2019 | € 36.0 | Hold |
| Commerzbank | Norbert Kretlow | 26.8.2019 | € 36.0 | Hold |
| HSBC | Christian Korth | 24.6.2019 | € 37.0 | Buy |
| Erste Group | Daniel Lion | 31.5.2019 | € 42.9 | Kaufen |
| Commerzbank | Norbert Kretlow | 31.5.2019 | € 36.0 | Hold |
| RCB | Markus Remis | 29.5.2019 | € 38.5 | Buy |
| Commerzbank | Norbert Kretlow | 24.5.2019 | € 36.0 | Hold |
| LBBW | Jens Münstermann | 23.5.2019 | € 30.0 | Halten |
| Erste Group | Daniel Lion | 3.5.2019 | € 42.9 | Kaufen |
| Commerzbank | Norbert Kretlow | 30.4.2019 | € 36.0 | Hold |
| Erste Group | Daniel Lion | 15.2.2019 | € 42.9 | Kaufen |
| RCB | Markus Remis | 13.2.2019 | € 38.5 | Buy |
| Commerzbank | Norbert Kretlow | 12.2.2019 | € 42.0 | Buy |
| RCB | Markus Remis | 12.2.2019 | € 41.0 | Buy |
| Kepler Cheuvreux | Stephan Trubrich | 23.1.2019 | € 34.0 | Hold |
| HSBC | Christian Korth | 14.1.2019 | € 35,0 | Buy |
| LBBW | Jens Münstermann | 3.12.2018 | € 38.0 | Kaufen |
| Kepler Cheuvreux | Stephan Trubrich | 30.11.2018 | € 34.0 | Hold |
| Erste Group | Daniel Lion | 30.11.2018 | € 42.9 | Kaufen |
| RCB | Markus Remis | 29.11.2018 | € 41.0 | Buy |
| Commerzbank | Norbert Kretlow | 26.11.2018 | € 42.0 | Buy |
| Erste Group | Daniel Lion | 8.10.2018 | € 42.9 | Kaufen |
| Berenberg | Saravana Bala | 3.9.2018 | € 44.0 | Buy |
| LBBW | Jens Münstermann | 3.9.2018 | € 41.0 | Kaufen |
| Erste Group | Daniel Lion | 31.8.2018 | € 42.9 | Kaufen |
| Commerzbank | Norbert Kretlow | 31.8.2018 | € 42.0 | Buy |
| LBBW | Jens Münstermann | 5.6.2018 | € 41.0 | Kaufen |
| Erste Group | Daniel Lion | 1.6.2018 | € 42.9 | Kaufen |
| Commerzbank | Norbert Kretlow | 30.5.2018 | € 42.0 | Buy |
| RCB | Markus Remis | 30.5.2018 | € 38.0 | Buy |
| Commerzbank | Norbert Kretlow | 25.5.2018 | € 42.0 | Buy |
| LBBW | Jens Münstermann | 8.5.2018 | € 41.0 | Kaufen |
| Deutsche Bank | Matthias Pfeifenberger | 2.5.2018 | € 40.0 | Buy |
| Berenberg | Saravana Bala | 1.5.2018 | € 44.0 | Buy |
| Commerzbank | Norbert Kretlow | 27.4.2018 | € 45.0 | Buy |
| Erste Group | Daniel Lion | 27.4.2018 | € 42.9 | Kaufen |
| RCB | Markus Remis | 27.4.2018 | € 38.0 | Buy |
| Commerzbank | Norbert Kretlow | 23.4.2018 | € 45.0 | Buy |
| Deutsche Bank | Matthias Pfeifenberger | 22.2.2018 | € 33.0 | Hold |
| LBBW | Jens Münstermann | 16.2.2018 | € 36.0 | Halten |
| RCB | Markus Remis | 15.2.2018 | € 38.0 | Buy |
| Kepler Cheuvreux | Stephan Trubrich | 15.1.2018 | € 34.0 | Hold |
| LBBW | Jens Münstermann | 6.12.2017 | € 36.0 | Halten |
| LBBW | Jens Münstermann | 1.12.2017 | € 36.0 | Halten |
| Erste Group | Daniel Lion | 1.12.2017 | € 42.9 | Kaufen |
| RCB | Markus Remis | 1.12.2017 | € 38.0 | Buy |
| Commerzbank | Norbert Kretlow | 30.11.2017 | € 45.0 | Buy |
| LBBW | Jens Münstermann | 4.9.2017 | € 36.0 | Halten |
| Erste Group | Daniel Lion | 1.9.2017 | € 42.9 | Kaufen |
| RCB | Markus Remis | 31.8.2017 | € 41.5 | Buy |
| Commerzbank | Norbert Kretlow | 31.8.2017 | € 45.0 | Buy |
| Berenberg | Saravana Bala | 22.8.2017 | € 44.0 | Buy |
| MainFirst Bank | Christian Korth | 7.7.2017 | € 38.0 | Neutral |
| Deutsche Bank | Matthias Pfeifenberger | 29.6.2017 | € 33.0 | Hold |
| LBBW | Jens Münstermann | 14.6.2017 | € 36.0 | Halten |
| HSBC | Tobias Loskamp | 31.5.2017 | € 40.0 | Buy |
| RCB | Markus Remis | 31.5.2017 | € 41.5 | Buy |
| Commerzbank | Norbert Kretlow | 31.5.2017 | € 45.0 | Buy |
| HSBC | Tobias Loskamp | 22.5.2017 | € 40.0 | Buy |
| RCB | Markus Remis | 11.5.2017 | € 41.5 | Buy |
| Kepler Cheuvreux | Stephan Trubrich | 10.5.2017 | € 32.0 | Hold |
| Commerzbank | Norbert Kretlow | 4.5.2017 | € 45.0 | Buy |
| Erste Group | Daniel Lion | 28.4.2017 | € 42.9 | Kaufen |
| RCB | Markus Remis | 27.4.2017 | € 39.0 | Buy |
| HSBC | Tobias Loskamp | 27.4.2017 | € 37.0 | Buy |
| Erste Group | Daniel Lion | 27.2.2017 | € 42.9 | Kaufen |
| HSBC | Tobias Loskamp | 15.2.2017 | € 37.0 | Buy |
| RCB | Markus Remis | 15.2.2017 | € 39.0 | Buy |
| Commerzbank | Norbert Kretlow | 15.2.2017 | € 38.0 | Buy |