Axel Springer (SPR) Given a €67.00 Price Target by HSBC Analysts

Axel Springer (FRA:SPR) has been given a €67.00 ($77.91) price objective by equities researchers at HSBC in a research report issued on Friday. The firm presently has a “buy” rating on the stock. HSBC’s price target would suggest a potential upside of 14.63% from the company’s previous close.

A number of other research analysts have also weighed in on the stock. Nord/LB set a €72.00 ($83.72) target price on shares of Axel Springer and gave the company a “neutral” rating in a report on Friday, September 21st. Barclays set a €70.00 ($81.40) target price on shares of Axel Springer and gave the company a “buy” rating in a report on Friday, September 28th. Goldman Sachs Group set a €78.00 ($90.70) target price on shares of Axel Springer and gave the company a “buy” rating in a report on Monday, September 24th. Independent Research set a €73.00 ($84.88) target price on shares of Axel Springer and gave the company a “neutral” rating in a report on Tuesday, July 31st. Finally, UBS Group set a €58.00 ($67.44) target price on shares of Axel Springer and gave the company a “sell” rating in a report on Tuesday, July 24th. Three investment analysts have rated the stock with a sell rating, six have issued a hold rating and six have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of €65.47 ($76.12).

SPR stock opened at €58.45 ($67.97) on Friday. Axel Springer has a fifty-two week low of €49.45 ($57.50) and a fifty-two week high of €73.80 ($85.81).

Axel Springer Company Profile

Axel Springer SE operates as a publishing company primarily in Europe and the United States. The company operates through three segments: Classifieds Media, News Media, and Marketing Media. The Classifieds Media segment operates a portfolio of online classified portals in the areas of real estate, jobs, cars, and general.

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Analyst Recommendations for Axel Springer (FRA:SPR)

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