DZ Bank Reaffirms Neutral Rating for Axel Springer (OTCMKTS:AXELF)

DZ Bank reaffirmed their neutral rating on shares of Axel Springer (OTCMKTS:AXELF) in a research note released on Monday, Borsen Zeitung reports.

A number of other equities analysts also recently weighed in on the stock. UBS Group increased their price target on shares of Intact Financial from C$122.00 to C$133.00 in a research note on Tuesday, June 18th. Barclays downgraded shares of Axel Springer from an overweight rating to an equal weight rating in a research note on Wednesday, June 12th. Finally, Berenberg Bank reissued a buy rating and issued a GBX 3,600 ($47.04) target price on shares of in a research note on Friday, May 31st. Five research analysts have rated the stock with a hold rating, Axel Springer presently has a consensus rating of Hold.

OTCMKTS:AXELF opened at $70.08 on Monday. Axel Springer has a fifty-two week low of $56.14 and a fifty-two week high of $70.08. The stock’s 50 day moving average is $67.35.

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 (OTCMKTS:AXELF)

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