Axel Springer (SPR) Given a €77.50 Price Target at Goldman Sachs Group

Axel Springer (FRA:SPR) has been given a €77.50 ($90.12) price objective by equities research analysts at Goldman Sachs Group in a report released on Monday. The brokerage presently has a “buy” rating on the stock. Goldman Sachs Group’s price objective indicates a potential upside of 36.44% from the stock’s previous close.

A number of other brokerages have also weighed in on SPR. Warburg Research set a €77.00 ($89.53) price objective on shares of Axel Springer and gave the company a “buy” rating in a report on Friday, July 27th. JPMorgan Chase & Co. set a €72.00 ($83.72) price target on shares of Axel Springer and gave the company a “neutral” rating in a report on Friday, July 27th. Kepler Capital Markets set a €69.00 ($80.23) price target on shares of Axel Springer and gave the company a “buy” rating in a report on Friday, July 27th. Barclays set a €67.40 ($78.37) price target on shares of Axel Springer and gave the company a “neutral” rating in a report on Friday, July 20th. Finally, UBS Group set a €58.00 ($67.44) price target on shares of Axel Springer and gave the company a “sell” rating in a report on Monday, July 30th. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average price target of €65.67 ($76.36).

Shares of SPR opened at €56.80 ($66.05) on Monday. Axel Springer has a 1-year low of €49.45 ($57.50) and a 1-year 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.

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Analyst Recommendations for Axel Springer (FRA:SPR)

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