Brokerages Set Axel Springer SE (FRA:SPR) Price Target at €60.01

Shares of Axel Springer SE (FRA:SPR) have received a consensus recommendation of “Hold” from the fourteen research firms that are currently covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, nine have assigned a hold recommendation and three have given a buy recommendation to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is €60.01 ($69.78).

SPR has been the subject of several recent analyst reports. UBS Group set a €63.00 ($73.26) target price on shares of Axel Springer and gave the stock a “neutral” rating in a report on Wednesday, August 14th. Independent Research set a €63.00 ($73.26) target price on shares of Axel Springer and gave the stock a “sell” rating in a report on Tuesday, August 27th.

Axel Springer stock traded up €0.35 ($0.41) during mid-day trading on Monday, hitting €64.35 ($74.83). The stock had a trading volume of 17,655 shares. The firm’s 50 day moving average is €63.29 and its 200 day moving average is €57.75. Axel Springer has a one year low of €49.45 ($57.50) and a one year 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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