Nord/LB set a €72.00 ($88.89) price objective on Axel Springer (FRA:SPR) in a research note published on Thursday. The brokerage currently has a neutral rating on the stock.
Several other research analysts also recently commented on the stock. Goldman Sachs Group set a €82.00 ($101.23) price target on shares of Axel Springer and gave the stock a buy rating in a research note on Thursday. Berenberg Bank set a €55.00 ($67.90) price target on shares of Axel Springer and gave the stock a sell rating in a research note on Wednesday. Independent Research set a €73.00 ($90.12) price target on shares of Axel Springer and gave the stock a neutral rating in a research note on Friday, March 9th. Barclays set a €67.30 ($83.09) price target on shares of Axel Springer and gave the stock a neutral rating in a research note on Friday, March 9th. Finally, Kepler Capital Markets set a €69.00 ($85.19) price target on shares of Axel Springer and gave the stock a buy rating in a research note on Thursday, March 8th. Four equities research analysts have rated the stock with a sell rating, nine have given a hold rating and six have given a buy rating to the company. Axel Springer currently has a consensus rating of Hold and an average target price of €68.16 ($84.14).
Axel Springer (FRA:SPR) traded down €4.65 ($5.74) during trading hours on Thursday, reaching €68.10 ($84.07). 124,350 shares of the company traded hands. The company has a market capitalization of $7,310.00 and a price-to-earnings ratio of 21.35. Axel Springer has a 1-year low of €49.45 ($61.05) and a 1-year high of €73.80 ($91.11).
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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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