Independent Research Analysts Give Axel Springer (FRA:SPR) a €73.00 Price Target

Axel Springer (FRA:SPR) received a €73.00 ($90.12) target price from research analysts at Independent Research in a report issued on Friday, March 9th. The firm currently has a “neutral” rating on the stock. Independent Research’s price objective suggests a potential upside of 7.35% from the company’s previous close.

Other research analysts also recently issued research reports about the stock. Barclays set a €67.00 ($82.72) price target on shares of Axel Springer and gave the company a “buy” rating in a research report on Thursday, November 9th. Goldman Sachs set a €70.00 ($86.42) price target on shares of Axel Springer and gave the company a “buy” rating in a research report on Thursday, November 9th. JPMorgan Chase set a €71.00 ($87.65) target price on shares of Axel Springer and gave the stock a “buy” rating in a research report on Tuesday, November 14th. Nord/LB set a €72.00 ($88.89) price objective on shares of Axel Springer and gave the company a “buy” rating in a research report on Thursday, November 16th. Finally, Kepler Capital Markets set a €69.00 ($85.19) target price on shares of Axel Springer and gave the company a “buy” rating in a research note on Thursday, March 8th. Four investment analysts have rated the stock with a sell rating, nine have given a hold rating and six have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of €68.16 ($84.14).

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Shares of FRA:SPR remained flat at $€68.00 ($83.95) during trading on Friday. Axel Springer has a twelve month low of €49.45 ($61.05) and a twelve month high of €73.80 ($91.11).

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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.

Analyst Recommendations for Axel Springer (FRA:SPR)

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