Axel Springer (FRA:SPR) received a €67.00 ($79.76) price objective from analysts at Barclays in a note issued to investors on Wednesday, November 22nd. The brokerage currently has a “neutral” rating on the stock. Barclays’ target price points to a potential downside of 0.31% from the stock’s previous close.
Several other research analysts have also recently weighed in on SPR. J P Morgan Chase & Co set a €62.00 ($73.81) price target on shares of Axel Springer and gave the stock a “buy” rating in a research note on Wednesday, August 2nd. DZ Bank restated a “buy” rating on shares of Axel Springer in a research report on Wednesday, August 2nd. Morgan Stanley set a €51.00 ($60.71) price objective on shares of Axel Springer and gave the company a “neutral” rating in a research report on Thursday, August 17th. Kepler Capital Markets set a €63.00 ($75.00) price objective on shares of Axel Springer and gave the company a “buy” rating in a research report on Wednesday, August 2nd. Finally, Bank of America set a €69.00 ($82.14) price objective on shares of Axel Springer and gave the company a “buy” rating in a research report on Monday, August 14th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of €64.06 ($76.26).
Shares of Axel Springer (FRA:SPR) opened at €68.18 ($81.17) on Wednesday. Axel Springer has a 1-year low of €39.70 ($47.26) and a 1-year high of €66.55 ($79.23).
ILLEGAL ACTIVITY WARNING: “Barclays Analysts Give Axel Springer (FRA:SPR) a €67.00 Price Target” was published by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are reading this piece on another website, it was illegally stolen and reposted in violation of United States & international copyright and trademark law. The correct version of this piece can be viewed at https://www.dispatchtribunal.com/2017/12/05/axel-springer-se-spr-given-a-67-00-price-target-by-barclays-plc-analysts.html.
About Axel Springer
Axel Springer SE operates as a publishing company in Europe. It operates through three segments: Classified Ad Models, Paid Models, and Marketing Models. The Classified Ad Models segment operates a portfolio of online classified ad portals in the areas of jobs, real estate, and general and other, such as vacation home rentals and automobiles.
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.