Berenberg Bank set a €55.00 ($67.90) price target on Axel Springer (FRA:SPR) in a report issued on Wednesday, March 14th. The firm currently has a sell rating on the stock.
Several other brokerages have also issued reports on SPR. JPMorgan Chase set a €76.00 ($93.83) price objective on shares of Axel Springer and gave the company a buy rating in a report on Thursday, March 8th. Deutsche Bank set a €64.00 ($79.01) price objective on shares of Axel Springer and gave the company a neutral rating in a report on Thursday, December 14th. Barclays set a €69.30 ($85.56) price objective on shares of Axel Springer and gave the company a neutral rating in a report on Thursday, February 15th. Independent Research set a €73.00 ($90.12) price objective on shares of Axel Springer and gave the company a neutral rating in a report on Friday, March 9th. Finally, Nord/LB set a €72.00 ($88.89) price objective on shares of Axel Springer and gave the company a buy rating in a report on Wednesday, January 31st. Four investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have assigned a buy rating to the stock. Axel Springer presently has a consensus rating of Hold and a consensus target price of €68.16 ($84.14).
FRA SPR traded up €0.30 ($0.37) during trading on Wednesday, hitting €67.25 ($83.02). The stock had a trading volume of 117,253 shares. Axel Springer has a one year low of €49.45 ($61.05) and a one year 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.
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