Axel Springer (FRA:SPR) Given a €63.00 Price Target at Barclays
Barclays set a €63.00 ($73.26) price objective on Axel Springer (FRA:SPR) in a research note released on Thursday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Other equities analysts also recently issued reports about the company. Morgan Stanley set a €56.00 ($65.12) price target on Axel Springer and gave the stock a neutral rating in a research report on Wednesday, April 3rd. UBS Group set a €56.50 ($65.70) price target on Axel Springer and gave the stock a buy rating in a research report on Thursday, May 2nd. Kepler Capital Markets set a €62.00 ($72.09) price target on Axel Springer and gave the stock a buy rating in a research report on Thursday, May 2nd. Goldman Sachs Group set a €62.30 ($72.44) price target on Axel Springer and gave the stock a buy rating in a research report on Tuesday, May 7th. Finally, JPMorgan Chase & Co. set a €54.00 ($62.79) target price on Axel Springer and gave the company a neutral rating in a research report on Tuesday, May 7th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and five have assigned a buy rating to the company’s stock. The company has an average rating of Hold and an average target price of €59.47 ($69.15).
Shares of SPR stock opened at €62.20 ($72.33) on Thursday. Axel Springer has a 12-month low of €49.45 ($57.50) and a 12-month high of €73.80 ($85.81).
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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