Axel Springer (FRA:SPR) received a €66.00 ($78.57) target price from equities research analysts at Morgan Stanley in a note issued to investors on Tuesday. The firm currently has a “neutral” rating on the stock. Morgan Stanley’s target price points to a potential downside of 3.17% from the stock’s current price.

A number of other research analysts have also recently issued reports on SPR. Barclays set a €63.50 ($75.60) price objective on shares of Axel Springer and gave the company a “buy” rating in a research note on Friday, September 29th. Kepler Capital Markets set a €65.00 ($77.38) price objective on shares of Axel Springer and gave the company a “buy” rating in a research note on Wednesday, August 9th. J P Morgan Chase & Co set a €79.00 ($94.05) price objective on shares of Axel Springer and gave the company a “buy” rating in a research note on Wednesday, November 29th. Bank of America set a €69.00 ($82.14) price objective on shares of Axel Springer and gave the company a “buy” rating in a research note on Monday, August 14th. Finally, Warburg Research set a €60.00 ($71.43) price objective on shares of Axel Springer and gave the company a “buy” rating in a research note on Monday, November 6th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have issued a buy rating to the stock. Axel Springer has an average rating of “Hold” and a consensus price target of €64.94 ($77.31).

Axel Springer (SPR) traded up €0.95 ($1.13) during midday trading on Tuesday, hitting €68.16 ($81.14). 142,423 shares of the stock were exchanged. Axel Springer has a 52 week low of €39.70 ($47.26) and a 52 week high of €67.68 ($80.57).

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About Axel Springer

Axel Springer SE operates as a publishing company in Europe. It operates through three segments: Classified Ad Models, Paid Models, and Marketing Models. The Classified Ad Models segment operates a portfolio of online classified ad portals in the areas of jobs, real estate, and general and other, such as vacation home rentals and automobiles.

Analyst Recommendations for Axel Springer (FRA:SPR)

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