Brokerages Set Axel Springer SE (FRA:SPR) Target Price at $57.14

Shares of Axel Springer SE (FRA:SPR) have received a consensus rating of “Hold” from the fourteen ratings firms that are currently covering the firm, MarketBeat Ratings reports. Nine analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have covered the stock in the last year is €58.26 ($67.74).

A number of equities analysts have recently weighed in on SPR shares. JPMorgan Chase & Co. set a €60.00 ($69.77) price target on Axel Springer and gave the stock a “buy” rating in a report on Thursday, May 30th. DZ Bank set a €50.00 ($58.14) price target on Axel Springer and gave the stock a “neutral” rating in a report on Wednesday, May 8th. Independent Research set a €53.00 ($61.63) price target on Axel Springer and gave the stock a “neutral” rating in a report on Friday, March 8th. HSBC set a €62.00 ($72.09) price target on Axel Springer and gave the stock a “neutral” rating in a report on Wednesday, February 20th. Finally, UBS Group set a €56.50 ($65.70) target price on Axel Springer and gave the company a “buy” rating in a report on Wednesday, April 3rd.

FRA SPR opened at €62.10 ($72.21) on Tuesday. Axel Springer has a twelve month low of €49.45 ($57.50) and a twelve 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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