Nord/LB Analysts Give Axel Springer (FRA:SPR) a €63.00 Price Target

Axel Springer (FRA:SPR) has been assigned a €63.00 ($73.26) price objective by analysts at Nord/LB in a research note issued on Friday, Borsen Zeitung reports. The firm currently has a “sell” rating on the stock. Nord/LB’s target price points to a potential upside of 1.45% from the company’s current price.

Other equities research analysts have also issued reports about the company. Morgan Stanley set a €56.00 ($65.12) price objective on Axel Springer and gave the company a “neutral” rating in a research note on Wednesday, April 3rd. UBS Group set a €56.50 ($65.70) price objective on Axel Springer and gave the company a “buy” rating in a research note on Thursday, May 2nd. Kepler Capital Markets set a €62.00 ($72.09) price objective on Axel Springer and gave the company a “buy” rating in a research note on Thursday, May 2nd. Goldman Sachs Group set a €62.30 ($72.44) price objective on Axel Springer and gave the company a “buy” rating in a research note on Tuesday, May 7th. Finally, JPMorgan Chase & Co. set a €54.00 ($62.79) price objective on Axel Springer and gave the company a “neutral” rating in a research note on Tuesday, May 7th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and five have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of €59.47 ($69.15).

SPR stock opened at €62.10 ($72.21) on Friday. Axel Springer has a 1-year low of €49.45 ($57.50) and a 1-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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