Axel Springer (FRA:SPR) has been assigned a €72.00 ($88.89) target price by research analysts at Nord/LB in a research report issued to clients and investors on Wednesday. The brokerage presently has a “buy” rating on the stock. Nord/LB’s price target suggests a potential upside of 2.13% from the stock’s previous close.
Other equities research analysts also recently issued research reports about the stock. Deutsche Bank set a €65.00 ($80.25) price objective on shares of Axel Springer and gave the company a “neutral” rating in a research report on Thursday, January 25th. Warburg Research set a €60.00 ($74.07) price objective on shares of Axel Springer and gave the company a “buy” rating in a research report on Monday, November 6th. Barclays set a €67.00 ($82.72) price objective on shares of Axel Springer and gave the company a “buy” rating in a research report on Thursday, November 9th. Independent Research set a €73.00 ($90.12) price objective on shares of Axel Springer and gave the company a “neutral” rating in a research report on Thursday, December 7th. Finally, Goldman Sachs Group set a €70.00 ($86.42) target price on shares of Axel Springer and gave the stock a “buy” rating in a report on Thursday, November 9th. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and seven have issued a buy rating to the stock. Axel Springer presently has an average rating of “Hold” and an average target price of €65.85 ($81.30).
Shares of Axel Springer (SPR) traded up €0.85 ($1.05) during mid-day trading on Wednesday, hitting €70.50 ($87.04). 130,701 shares of the stock were exchanged. Axel Springer has a 12-month low of €46.50 ($57.41) and a 12-month high of €71.75 ($88.58). The company has a market cap of $7,410.00 and a P/E ratio of 35.07.
Axel Springer Company Profile
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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