Shares of Axel Springer SE (FRA:SPR) have earned an average rating of “Hold” from the nineteen brokerages that are covering the firm, Marketbeat.com reports. Three investment analysts have rated the stock with a sell recommendation, nine have issued a hold recommendation and seven have issued a buy recommendation on the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is €68.10 ($84.07).
A number of equities analysts recently commented on SPR shares. Kepler Capital Markets set a €65.00 ($80.25) price target on shares of Axel Springer and gave the stock a “buy” rating in a research note on Wednesday, November 8th. JPMorgan Chase & Co. set a €62.00 ($76.54) price objective on shares of Axel Springer and gave the company a “buy” rating in a research report on Wednesday, November 8th. 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. Finally, Goldman Sachs Group set a €70.00 ($86.42) price objective on shares of Axel Springer and gave the company a “buy” rating in a research report on Thursday, November 9th.
Axel Springer (FRA SPR) traded up €0.65 ($0.80) during mid-day trading on Wednesday, hitting €73.30 ($90.49). 250 shares of the company were exchanged. Axel Springer has a 52-week low of €48.64 ($60.05) and a 52-week high of €73.30 ($90.49). The stock has a market cap of $7,960.00 and a PE ratio of 36.47.
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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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