HSBC set a €54.00 ($62.79) target price on Axel Springer (FRA:SPR) in a research note released on Monday. The brokerage currently has a neutral rating on the stock.

Several other brokerages have also weighed in on SPR. Goldman Sachs Group set a €66.60 ($77.44) target price on shares of Axel Springer and gave the stock a buy rating in a research report on Monday, January 14th. Morgan Stanley set a €56.00 ($65.12) target price on shares of Axel Springer and gave the stock a neutral rating in a research report on Friday, March 8th. Deutsche Bank set a €64.00 ($74.42) target price on shares of Axel Springer and gave the stock a neutral rating in a research report on Friday, December 14th. Nord/LB set a €66.00 ($76.74) target price on shares of Axel Springer and gave the stock a buy rating in a research report on Wednesday, January 9th. Finally, UBS Group set a €58.00 ($67.44) target price on shares of Axel Springer and gave the stock a buy rating in a research report on Thursday, March 7th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and seven have given a buy rating to the company. Axel Springer currently has a consensus rating of Hold and an average price target of €60.47 ($70.32).

FRA SPR opened at €46.32 ($53.86) on Monday. Axel Springer has a 52-week low of €49.45 ($57.50) and a 52-week high of €73.80 ($85.81).

About Axel Springer

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.

Read More: QQQ ETF

Analyst Recommendations for Axel Springer (FRA:SPR)

Receive News & Ratings for Axel Springer Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Axel Springer and related companies with MarketBeat.com's FREE daily email newsletter.