Axel Springer (FRA:SPR) has been given a €66.50 ($82.10) price target by investment analysts at equinet in a report issued on Tuesday. The brokerage presently has a “sell” rating on the stock. equinet’s price objective would indicate a potential downside of 8.72% from the stock’s current price.
A number of other research analysts also recently commented on the company. Commerzbank set a €65.00 ($80.25) price objective on Axel Springer and gave the stock a “neutral” rating in a research note on Monday. Barclays set a €69.30 ($85.56) price target on Axel Springer and gave the stock a “neutral” rating in a research report on Thursday, February 15th. Goldman Sachs Group set a €85.00 ($104.94) price target on 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 Axel Springer and gave the stock a “buy” rating in a research report on Wednesday, January 31st. Finally, JPMorgan Chase & Co. set a €86.00 ($106.17) price target on Axel Springer and gave the stock a “buy” rating in a research report on Monday, January 29th. Three research analysts have rated the stock with a sell rating, nine have issued a hold rating and seven have issued a buy rating to the stock. Axel Springer currently has a consensus rating of “Hold” and an average target price of €68.10 ($84.07).
Axel Springer (FRA:SPR) opened at €72.85 ($89.94) on Tuesday. The company has a market capitalization of $7,830.00 and a price-to-earnings ratio of 36.24. Axel Springer has a 52 week low of €48.05 ($59.32) and a 52 week high of €73.25 ($90.43).
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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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