Axel Springer (FRA:SPR) PT Set at €63.00 by Barclays

Axel Springer (FRA:SPR) has been assigned a €63.00 ($73.26) price objective by stock analysts at Barclays in a research note issued on Thursday, Borsen Zeitung reports. The brokerage presently has a “neutral” rating on the stock. Barclays‘s price target points to a potential upside of 1.04% from the stock’s current price.

A number of other analysts also recently issued reports on SPR. JPMorgan Chase & Co. set a €56.00 ($65.12) price objective on shares of Axel Springer and gave the company a “neutral” rating in a report on Tuesday, February 19th. HSBC set a €62.00 ($72.09) price objective on shares of Axel Springer and gave the company a “neutral” rating in a report on Wednesday, February 20th. UBS Group set a €58.00 ($67.44) price objective on shares of Axel Springer and gave the company a “buy” rating in a report on Wednesday, February 27th. Goldman Sachs Group set a €66.60 ($77.44) price objective on shares of Axel Springer and gave the company a “buy” rating in a report on Thursday, March 7th. Finally, Kepler Capital Markets set a €70.00 ($81.40) price objective on shares of Axel Springer and gave the company a “buy” rating in a report on Thursday, March 7th. Eight investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of €58.26 ($67.74).

FRA SPR opened at €62.35 ($72.50) on Thursday. Axel Springer has a 12-month low of €49.45 ($57.50) and a 12-month 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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