Goldman Sachs Group Reiterates “€77.50” Price Target for Axel Springer (SPR)

Goldman Sachs Group set a €77.50 ($90.12) target price on Axel Springer (FRA:SPR) in a report issued on Wednesday. The brokerage currently has a buy rating on the stock.

Other equities analysts have also issued research reports about the company. Kepler Capital Markets set a €69.00 ($80.23) price target on Axel Springer and gave the stock a buy rating in a research report on Friday, July 27th. Warburg Research set a €77.00 ($89.53) price target on Axel Springer and gave the stock a buy rating in a research report on Friday, July 27th. Barclays set a €70.00 ($81.40) price target on Axel Springer and gave the stock a buy rating in a research report on Tuesday, August 28th. HSBC set a €67.00 ($77.91) price target on Axel Springer and gave the stock a buy rating in a research report on Friday, November 2nd. Finally, equinet set a €67.00 ($77.91) price target on Axel Springer and gave the stock a buy rating in a research report on Wednesday. Two research analysts have rated the stock with a sell rating, six have given a hold rating and six have given a buy rating to the company’s stock. The company has a consensus rating of Hold and an average target price of €66.33 ($77.13).

SPR opened at €58.10 ($67.56) on Wednesday. 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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