Axel Springer (SPR) PT Set at €73.00 by Independent Research
Axel Springer (FRA:SPR) has been given a €73.00 ($86.90) price target by investment analysts at Independent Research in a research report issued on Thursday. The brokerage currently has a “neutral” rating on the stock. Independent Research’s price objective suggests a potential upside of 7.21% from the stock’s previous close.
Several other research analysts have also issued reports on SPR. Morgan Stanley set a €66.00 ($78.57) target price on shares of Axel Springer and gave the stock a “neutral” rating in a research note on Tuesday. Barclays set a €63.50 ($75.60) target price on shares of Axel Springer and gave the stock a “buy” rating in a research note on Friday, September 29th. Kepler Capital Markets set a €65.00 ($77.38) target price on shares of Axel Springer and gave the stock a “buy” rating in a research note on Wednesday, August 9th. J P Morgan Chase & Co set a €79.00 ($94.05) target price on shares of Axel Springer and gave the stock a “buy” rating in a research note on Wednesday, November 29th. Finally, Bank of America set a €69.00 ($82.14) target price on shares of Axel Springer and gave the stock a “buy” rating in a research note on Monday, August 14th. Two analysts have rated the stock with a sell rating, nine have issued a hold rating and seven have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of €64.35 ($76.61).
Axel Springer (SPR) opened at €68.09 ($81.06) on Thursday. Axel Springer has a 12 month low of €39.70 ($47.26) and a 12 month high of €67.68 ($80.57).
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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.
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