Barclays set a €69.30 ($85.56) price target on Axel Springer (FRA:SPR) in a report published on Thursday. The brokerage currently has a neutral rating on the stock.
A number of other equities analysts have also recently weighed in on the stock. Goldman Sachs Group set a €85.00 ($104.94) price objective on shares of Axel Springer and gave the stock a buy rating in a research report on Friday, February 9th. Nord/LB set a €72.00 ($88.89) price target on shares of Axel Springer and gave the company a buy rating in a research report on Wednesday, January 31st. JPMorgan Chase & Co. set a €86.00 ($106.17) price target on shares of Axel Springer and gave the company a buy rating in a research report on Monday, January 29th. Deutsche Bank set a €65.00 ($80.25) price target on shares of Axel Springer and gave the company a neutral rating in a research report on Thursday, January 25th. Finally, HSBC set a €70.00 ($86.42) price target on shares of Axel Springer and gave the company a neutral rating in a research report on Friday, December 15th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and seven have issued a buy rating to the company’s stock. The stock presently has an average rating of Hold and an average price target of €66.68 ($82.33).
Shares of Axel Springer (FRA:SPR) traded up €0.40 ($0.49) during mid-day trading on Thursday, reaching €72.20 ($89.14). 187,611 shares of the company’s stock traded hands. The stock has a market cap of $7,820.00 and a PE ratio of 35.92. Axel Springer has a 52 week low of €47.71 ($58.90) and a 52 week high of €72.55 ($89.57).
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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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