Axel Springer SE (SPR) Receives €66.33 Average Price Target from Brokerages

Axel Springer SE (FRA:SPR) has been given a consensus rating of “Hold” by the fourteen research firms that are covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and six have issued a buy rating on the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is €66.33 ($77.13).

A number of research analysts have recently weighed in on the stock. Barclays set a €71.00 ($82.56) price objective on shares of Axel Springer and gave the stock a “neutral” rating in a research note on Monday, July 30th. Deutsche Bank set a €68.00 ($79.07) price objective on shares of Axel Springer and gave the stock a “neutral” rating in a research note on Monday, July 30th. Berenberg Bank set a €55.00 ($63.95) price objective on shares of Axel Springer and gave the stock a “sell” rating in a research note on Tuesday, July 31st. JPMorgan Chase & Co. set a €60.00 ($69.77) price objective on shares of Axel Springer and gave the stock a “neutral” rating in a research note on Wednesday, November 7th. Finally, Nord/LB set a €72.00 ($83.72) price objective on shares of Axel Springer and gave the stock a “neutral” rating in a research note on Tuesday, July 31st.

Shares of FRA SPR traded up €1.65 ($1.92) during mid-day trading on Friday, hitting €57.25 ($66.57). 152,773 shares of the stock traded hands. Axel Springer has a 52 week low of €49.45 ($57.50) and a 52 week 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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