Axel Springer SE (FRA:SPR) has been assigned a €55.00 ($64.71) price target by equities researchers at Commerzbank Ag in a research note issued on Friday. The brokerage presently has a “neutral” rating on the stock.
Other analysts have also issued research reports about the company. Kepler Capital Markets set a €63.00 ($74.12) target price on Axel Springer SE and gave the stock a “buy” rating in a report on Wednesday, August 2nd. J P Morgan Chase & Co set a €62.00 ($72.94) price target on Axel Springer SE and gave the stock a “buy” rating in a research note on Wednesday, August 16th. Warburg Research set a €60.00 ($70.59) price target on Axel Springer SE and gave the stock a “buy” rating in a research note on Monday. Barclays PLC set a €64.90 ($76.35) price target on Axel Springer SE and gave the stock a “buy” rating in a research note on Friday. Finally, HSBC Holdings plc set a €59.00 ($69.41) price target on Axel Springer SE and gave the stock a “buy” rating in a research note on Wednesday, July 19th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and ten have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of €63.24 ($74.40).
Axel Springer SE (FRA SPR) opened at 58.081 on Friday. Axel Springer SE has a 12 month low of €39.70 and a 12 month high of €60.09. The stock has a market cap of €6.27 billion and a PE ratio of 23.214. The stock’s 50 day moving average price is €54.88 and its 200-day moving average price is €53.87.
WARNING: This story was first published by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this story on another website, it was copied illegally and reposted in violation of US & international trademark and copyright legislation. The original version of this story can be accessed at https://www.dispatchtribunal.com/2017/10/27/axel-springer-se-spr-given-a-55-00-price-target-at-commerzbank-ag.html.
Receive News & Ratings for Axel Springer SE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Axel Springer SE and related companies with MarketBeat.com's FREE daily email newsletter.