Analysts Set Axel Springer SE (FRA:SPR) Target Price at €60.01

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Axel Springer SE (FRA:SPR) has been given an average rating of “Hold” by the fourteen research firms that are covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation, nine have assigned a hold recommendation and three have issued a buy recommendation on the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is €60.01 ($69.78).

A number of brokerages recently issued reports on SPR. Barclays set a €63.00 ($73.26) price target on shares of Axel Springer and gave the stock a “neutral” rating in a research note on Thursday, June 13th. UBS Group set a €63.00 ($73.26) price objective on shares of Axel Springer and gave the stock a “neutral” rating in a report on Wednesday, August 14th. Nord/LB set a €63.00 ($73.26) price objective on shares of Axel Springer and gave the stock a “sell” rating in a report on Friday, June 14th. Goldman Sachs Group set a €60.10 ($69.88) price objective on shares of Axel Springer and gave the stock a “buy” rating in a report on Thursday, May 30th. Finally, Independent Research set a €63.00 ($73.26) price objective on shares of Axel Springer and gave the stock a “sell” rating in a report on Tuesday.

Shares of SPR stock opened at €63.05 ($73.31) on Friday. The company has a 50-day moving average of €62.60 and a two-hundred day moving average of €54.55. Axel Springer has a 1-year low of €49.45 ($57.50) and a 1-year 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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