Axel Springer SE (SPR) PT Set at €60.00 by Warburg Research

Axel Springer SE (FRA:SPR) received a €60.00 ($70.59) price target from stock analysts at Warburg Research in a research note issued on Monday, November 6th. The firm presently has a “buy” rating on the stock. Warburg Research’s target price would suggest a potential downside of 7.29% from the company’s previous close.

SPR has been the topic of a number of other reports. Goldman Sachs Group Inc set a €70.00 ($82.35) target price on shares of Axel Springer and gave the stock a “buy” rating in a research report on Tuesday, October 24th. Deutsche Bank AG set a €53.00 ($62.35) price objective on shares of Axel Springer and gave the company a “neutral” rating in a report on Friday, July 28th. Nord/LB set a €62.00 ($72.94) price objective on shares of Axel Springer and gave the company a “buy” rating in a report on Wednesday, August 23rd. Barclays PLC set a €63.50 ($74.71) price objective on shares of Axel Springer and gave the company a “buy” rating in a report on Friday, September 29th. Finally, Independent Research GmbH set a €83.00 ($97.65) price objective on shares of Axel Springer and gave the company a “buy” rating in a report on Wednesday, August 2nd. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of €63.59 ($74.81).

Shares of Axel Springer (SPR) traded up €0.19 ($0.22) during midday trading on Monday, reaching €64.72 ($76.14). 88,507 shares of the company’s stock traded hands. Axel Springer has a twelve month low of €39.70 ($46.71) and a twelve month high of €64.74 ($76.16).

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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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