Berenberg Bank Analysts Give Axel Springer SE (FRA:SPR) a €49.00 Price Target

Axel Springer SE (FRA:SPR) has been assigned a €49.00 ($57.65) price objective by stock analysts at Berenberg Bank in a research report issued on Tuesday, October 3rd. The firm currently has a “neutral” rating on the stock.

A number of other brokerages have also commented on SPR. Oddo Securities set a €44.00 ($51.76) price target on shares of Axel Springer SE and gave the company a “sell” rating in a research note on Wednesday, June 28th. Bank of America Corporation set a €69.00 ($81.18) price objective on shares of Axel Springer SE and gave the stock a “buy” rating in a report on Monday, August 14th. HSBC Holdings plc set a €62.00 ($72.94) price objective on shares of Axel Springer SE and gave the stock a “buy” rating in a report on Thursday, August 3rd. Kepler Capital Markets set a €63.00 ($74.12) price objective on shares of Axel Springer SE and gave the stock a “buy” rating in a report on Wednesday, August 2nd. Finally, Deutsche Bank AG set a €53.00 ($62.35) price target on shares of Axel Springer SE and gave the stock a “neutral” rating in a report on Friday, July 28th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and ten have given a buy rating to the company. Axel Springer SE has an average rating of “Buy” and a consensus price target of €61.93 ($72.86).

Axel Springer SE (FRA SPR) traded down 0.41% during trading on Tuesday, reaching €56.41. 100 shares of the company were exchanged. The firm has a 50-day moving average of €53.44 and a 200-day moving average of €53.49. Axel Springer SE has a 52-week low of €39.70 and a 52-week high of €57.80. The firm has a market cap of €6.09 billion and a price-to-earnings ratio of 22.55.

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Analyst Recommendations for Axel Springer SE (FRA:SPR)

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