JPMorgan Chase & Co. set a €56.00 ($65.12) target price on Axel Springer (FRA:SPR) in a report issued on Tuesday morning. The brokerage currently has a neutral rating on the stock.
Several other equities analysts have also issued reports on the stock. Barclays set a €60.00 ($69.77) price objective on shares of Axel Springer and gave the company a buy rating in a report on Thursday, December 13th. Deutsche Bank set a €64.00 ($74.42) price objective on shares of Axel Springer and gave the company a neutral rating in a report on Tuesday, December 4th. Berenberg Bank set a €46.00 ($53.49) price objective on shares of Axel Springer and gave the company a sell rating in a report on Monday, January 21st. Goldman Sachs Group set a €77.50 ($90.12) price objective on shares of Axel Springer and gave the company a buy rating in a report on Monday, October 29th. Finally, Nord/LB set a €66.00 ($76.74) price objective on shares of Axel Springer and gave the company a buy rating in a report on Wednesday, January 9th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and seven have issued a buy rating to the company’s stock. The company has a consensus rating of Hold and a consensus price target of €62.90 ($73.14).
Axel Springer stock opened at €50.75 ($59.01) on Tuesday. Axel Springer has a fifty-two week low of €49.45 ($57.50) and a fifty-two week high of €73.80 ($85.81).
About Axel Springer
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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