Axel Springer (FRA:SPR) has been given a €70.00 ($86.42) price objective by Warburg Research in a research note issued on Tuesday, March 6th. The brokerage currently has a “neutral” rating on the stock. Warburg Research’s price target would suggest a potential upside of 3.40% from the stock’s previous close.
A number of other equities analysts also recently weighed in on the company. Deutsche Bank set a €53.00 ($65.43) price target on Axel Springer and gave the stock a “neutral” rating in a research report on Thursday, November 9th. JPMorgan Chase & Co. set a €79.00 ($97.53) price target on Axel Springer and gave the company a “buy” rating in a research note on Wednesday, December 13th. Barclays set a €69.30 ($85.56) price target on Axel Springer and gave the company a “neutral” rating in a research note on Thursday, February 15th. Nord/LB set a €72.00 ($88.89) target price on Axel Springer and gave the stock a “buy” rating in a research note on Wednesday, January 31st. Finally, Commerzbank set a €65.00 ($80.25) price target on Axel Springer and gave the company a “neutral” rating in a research note on Monday, February 19th. Four equities research analysts have rated the stock with a sell rating, nine have given a hold rating and six have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of €68.16 ($84.14).
Shares of Axel Springer (SPR) opened at €67.70 ($83.58) on Tuesday. The stock has a market capitalization of $7,250.00 and a PE ratio of 21.22. Axel Springer has a 12-month low of €49.45 ($61.05) and a 12-month high of €73.80 ($91.11).
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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