Axel Springer (OTCMKTS:AXELF) Downgraded by Barclays

Axel Springer (OTCMKTS:AXELF) was downgraded by investment analysts at Barclays from an “overweight” rating to an “equal weight” rating in a research note issued on Wednesday, The Fly reports.

Several other research analysts have also recently weighed in on AXELF. DZ Bank reaffirmed a “neutral” rating on shares of Axel Springer in a report on Wednesday. Berenberg Bank raised shares of Axel Springer from a “sell” rating to a “hold” rating in a report on Friday, May 31st.

AXELF stock remained flat at $$62.19 during midday trading on Wednesday. Axel Springer has a twelve month low of $56.14 and a twelve month high of $62.60.

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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