Axel Springer (FRA:SPR) has been given a €72.00 ($88.89) price target by analysts at Nord/LB in a report issued on Wednesday. The firm currently has a “buy” rating on the stock. Nord/LB’s price objective indicates a potential upside of 2.13% from the company’s current price.
SPR has been the topic of a number of other research reports. Goldman Sachs Group set a €70.00 ($86.42) price objective on Axel Springer and gave the stock a “buy” rating in a research note on Tuesday, October 24th. Barclays set a €64.90 ($80.12) price objective on Axel Springer and gave the stock a “buy” rating in a research note on Friday, October 27th. Deutsche Bank set a €64.00 ($79.01) price objective on Axel Springer and gave the stock a “neutral” rating in a research note on Thursday, December 14th. Kepler Capital Markets set a €65.00 ($80.25) price objective on Axel Springer and gave the stock a “buy” rating in a research note on Wednesday, November 8th. Finally, Oddo Bhf set a €44.00 ($54.32) price objective on Axel Springer and gave the stock a “sell” rating in a research note on Monday, November 6th. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and seven have assigned a buy rating to the company’s stock. Axel Springer currently has a consensus rating of “Hold” and a consensus target price of €65.85 ($81.30).
Shares of Axel Springer (FRA SPR) traded up €0.85 ($1.05) during trading on Wednesday, hitting €70.50 ($87.04). The stock had a trading volume of 97,834 shares. Axel Springer has a one year low of €46.50 ($57.41) and a one year high of €71.75 ($88.58). The company has a market cap of $7,410.00 and a PE ratio of 35.07.
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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.
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