Axel Springer SE (SPR) Receives €63.54 Consensus Price Target from Brokerages

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Shares of Axel Springer SE (FRA:SPR) have been assigned an average recommendation of “Buy” from the fourteen brokerages that are currently covering the company, Marketbeat reports. One analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and eight have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is €63.54 ($73.89).

A number of research firms have recently commented on SPR. Independent Research set a €66.00 ($76.74) price target on Axel Springer and gave the stock a “neutral” rating in a report on Thursday, November 8th. Goldman Sachs Group set a €77.50 ($90.12) price target on Axel Springer and gave the stock a “buy” rating in a report on Wednesday, November 7th. Warburg Research set a €77.00 ($89.53) price objective on Axel Springer and gave the stock a “buy” rating in a research report on Monday, November 12th. UBS Group set a €58.00 ($67.44) price objective on Axel Springer and gave the stock a “sell” rating in a research report on Thursday, November 8th. Finally, equinet set a €67.00 ($77.91) price objective on Axel Springer and gave the stock a “buy” rating in a research report on Wednesday, November 7th.

Shares of Axel Springer stock traded up €0.40 ($0.47) during trading hours on Wednesday, reaching €51.80 ($60.23). The company had a trading volume of 122,191 shares. Axel Springer has a one year low of €49.45 ($57.50) and a one year 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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