Axel Springer (SPR) PT Set at €66.00 by Independent Research

Axel Springer (FRA:SPR) has been given a €66.00 ($76.74) target price by equities research analysts at Independent Research in a report issued on Thursday. The brokerage presently has a “neutral” rating on the stock. Independent Research’s target price would indicate a potential upside of 13.60% from the stock’s current price.

Several other analysts also recently issued reports on SPR. JPMorgan Chase & Co. set a €72.00 ($83.72) price objective on shares of Axel Springer and gave the stock a “neutral” rating in a report on Monday, July 16th. Warburg Research set a €77.00 ($89.53) price objective on shares of Axel Springer and gave the stock a “buy” rating in a report on Thursday, July 19th. Barclays set a €67.40 ($78.37) price objective on shares of Axel Springer and gave the stock a “neutral” rating in a report on Friday, July 20th. Goldman Sachs Group set a €78.00 ($90.70) price objective on shares of Axel Springer and gave the stock a “buy” rating in a report on Monday, July 23rd. Finally, UBS Group set a €58.00 ($67.44) price objective on shares of Axel Springer and gave the stock a “sell” rating in a report on Tuesday, July 24th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and six have assigned a buy rating to the company. Axel Springer presently has a consensus rating of “Hold” and an average target price of €66.33 ($77.13).

FRA SPR opened at €58.10 ($67.56) on Thursday. Axel Springer has a 1 year low of €49.45 ($57.50) and a 1 year high of €73.80 ($85.81).

About Axel Springer

Axel Springer SE operates as a publishing company primarily in Europe and the United States. The company operates through three segments: Classifieds Media, News Media, and Marketing Media. The Classifieds Media segment operates a portfolio of online classified portals in the areas of real estate, jobs, cars, and general.

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Analyst Recommendations for Axel Springer (FRA:SPR)

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