Analysts Set Axel Springer SE (FRA:SPR) Price Target at €59.19

Shares of Axel Springer SE (FRA:SPR) have been given an average rating of “Hold” by the fourteen brokerages that are covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, nine have assigned a hold recommendation and four have given a buy recommendation to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is €59.19 ($68.82).

SPR has been the subject of several research reports. Goldman Sachs Group raised shares of UCB S A/ADR from a “neutral” rating to a “buy” rating in a research report on Thursday, May 30th. Deutsche Bank boosted their price objective on shares of Lululemon Athletica from $204.00 to $205.00 and gave the company a “buy” rating in a research report on Thursday, June 13th. JPMorgan Chase & Co. raised shares of China Life Insurance from a “neutral” rating to an “overweight” rating in a research report on Thursday, May 30th. They noted that the move was a valuation call. Nord/LB set a €165.00 ($191.86) price objective on shares of Volkswagen and gave the company a “buy” rating in a research report on Friday, June 14th. Finally, HSBC lowered their price objective on shares of Canada Goose from C$62.00 to C$55.00 and set a “buy” rating for the company in a research report on Monday, June 3rd.

FRA:SPR traded up €0.15 ($0.17) during mid-day trading on Friday, hitting €62.05 ($72.15). 290,272 shares of the stock traded hands. Axel Springer has a 52 week low of €49.45 ($57.50) and a 52 week high of €73.80 ($85.81). The stock has a 50 day moving average price of €58.47.

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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