Axel Springer (SPR) PT Set at €72.00 by Nord/LB

Axel Springer (FRA:SPR) has been given a €72.00 ($88.89) price target by analysts at Nord/LB in a report released on Thursday, March 15th. The firm presently has a “neutral” rating on the stock. Nord/LB’s target price points to a potential upside of 7.06% from the stock’s current price.

Several other research analysts have also recently weighed in on the company. Barclays set a €67.30 ($83.09) target price on Axel Springer and gave the company a “neutral” rating in a research note on Friday, March 9th. JPMorgan Chase set a €79.00 ($97.53) target price on Axel Springer and gave the company a “buy” rating in a research note on Wednesday, December 13th. Deutsche Bank set a €64.00 ($79.01) target price on Axel Springer and gave the company a “neutral” rating in a research note on Thursday, December 14th. Commerzbank set a €65.00 ($80.25) target price on Axel Springer and gave the company a “neutral” rating in a research note on Monday, February 19th. Finally, Independent Research set a €73.00 ($90.12) target price on Axel Springer and gave the company a “neutral” rating in a research note on Friday, March 9th. Four investment analysts have rated the stock with a sell rating, nine have issued a hold rating and six have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of €68.16 ($84.14).

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Shares of FRA:SPR traded up €0.30 ($0.37) on Thursday, hitting €67.25 ($83.02). The company’s stock had a trading volume of 117,253 shares. Axel Springer has a 12 month low of €49.45 ($61.05) and a 12 month high of €73.80 ($91.11).

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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.

Analyst Recommendations for Axel Springer (FRA:SPR)

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