Deutsche Bank set a €63.00 ($73.26) price objective on Axel Springer (FRA:SPR) in a report issued on Thursday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Several other brokerages also recently issued reports on SPR. Kepler Capital Markets set a €67.00 ($77.91) price target on Axel Springer and gave the stock a buy rating in a report on Wednesday. Berenberg Bank set a €52.00 ($60.47) price target on Axel Springer and gave the stock a neutral rating in a report on Wednesday. Barclays set a €63.00 ($73.26) price target on Axel Springer and gave the stock a neutral rating in a report on Thursday. Independent Research set a €58.00 ($67.44) price target on Axel Springer and gave the stock a neutral rating in a report on Thursday, June 6th. Finally, HSBC set a €54.00 ($62.79) price target on Axel Springer and gave the stock a neutral rating in a report on Monday, June 3rd. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the stock. Axel Springer has a consensus rating of Hold and a consensus target price of €59.47 ($69.15).
Shares of Axel Springer 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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