Barclays Analysts Give Axel Springer (FRA:SPR) a €67.00 Price Target

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).

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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.

Analyst Recommendations for Axel Springer (FRA:SPR)

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