Axel Springer’s (AXELF) Neutral Rating Reiterated at DZ Bank

DZ Bank reaffirmed their neutral rating on shares of Axel Springer (OTCMKTS:AXELF) in a research report sent to investors on Wednesday morning, Borsen Zeitung reports.

Other research analysts have also recently issued reports about the stock. Berenberg Bank raised shares of Axel Springer from a sell rating to a hold rating in a research report on Friday, May 31st. Barclays cut shares of Axel Springer from an overweight rating to an equal weight rating in a research report on Wednesday, June 12th. Finally, UBS Group cut shares of Axel Springer from a buy rating to a neutral rating in a research report on Tuesday, June 18th. Five analysts have rated the stock with a hold rating, The company presently has an average rating of Hold.

OTCMKTS AXELF opened at $70.08 on Wednesday. The stock’s fifty day moving average price is $70.08. Axel Springer has a 52 week low of $56.14 and a 52 week high of $70.08.

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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