Axel Springer (FRA:SPR) has been assigned a €69.30 ($85.56) price target by Barclays in a note issued to investors on Monday. The brokerage currently has a “neutral” rating on the stock. Barclays’ price objective would indicate a potential upside of 1.02% from the stock’s previous close.
Other research analysts also recently issued research reports about the company. Deutsche Bank set a €65.00 ($80.25) target price on Axel Springer and gave the stock a “neutral” rating in a research note on Thursday, January 25th. Warburg Research set a €60.00 ($74.07) target price on Axel Springer and gave the stock a “buy” rating in a research note on Monday, November 6th. Independent Research set a €73.00 ($90.12) target price on Axel Springer and gave the stock a “neutral” rating in a research note on Thursday, December 7th. Goldman Sachs Group set a €70.00 ($86.42) target price on Axel Springer and gave the stock a “buy” rating in a research note on Thursday, November 9th. Finally, Commerzbank set a €55.00 ($67.90) target price on Axel Springer and gave the stock a “neutral” rating in a research note on Friday, October 27th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and seven have given a buy rating to the stock. Axel Springer currently has an average rating of “Hold” and a consensus price target of €65.85 ($81.30).
Axel Springer (SPR) opened at €68.60 ($84.69) on Monday. Axel Springer has a 12 month low of €46.50 ($57.41) and a 12 month high of €71.75 ($88.58). The company has a market capitalization of $7,410.00 and a PE ratio of 34.13.
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Axel Springer Company Profile
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.
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