Axel Springer SE (SPR) Receives Consensus Rating of “Buy” from Brokerages

Shares of Axel Springer SE (FRA:SPR) have earned a consensus recommendation of “Buy” from the fourteen brokerages that are presently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, five have assigned a hold rating and eight have given a buy rating to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is €63.54 ($73.89).

SPR has been the subject of a number of recent analyst reports. Barclays set a €62.50 ($72.67) price objective on shares of Axel Springer and gave the stock a “buy” rating in a report on Friday, February 1st. Berenberg Bank set a €46.00 ($53.49) price objective on shares of Axel Springer and gave the stock a “sell” rating in a report on Monday, January 21st. Goldman Sachs Group set a €66.60 ($77.44) price objective on shares of Axel Springer and gave the stock a “buy” rating in a report on Monday, January 14th. Nord/LB set a €66.00 ($76.74) price objective on shares of Axel Springer and gave the stock a “buy” rating in a report on Wednesday, January 9th. Finally, UBS Group set a €58.00 ($67.44) price objective on shares of Axel Springer and gave the stock a “buy” rating in a report on Wednesday, January 9th.

Shares of SPR traded up €0.40 ($0.47) during mid-day trading on Wednesday, reaching €51.80 ($60.23). The company had a trading volume of 122,191 shares. Axel Springer has a 52 week low of €49.45 ($57.50) and a 52 week high of €73.80 ($85.81).

Axel Springer Company Profile

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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