Brokerages Set Axel Springer SE (FRA:SPR) PT at €60.01

Shares of Axel Springer SE (FRA:SPR) have earned an average rating of “Hold” from the fourteen research firms that are covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, nine have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month price target among analysts that have covered the stock in the last year is €60.01 ($69.78).

A number of research firms recently issued reports on SPR. UBS Group set a €63.00 ($73.26) price objective on shares of Axel Springer and gave the stock a “neutral” rating in a research report on Wednesday, August 14th. Independent Research set a €63.00 ($73.26) price objective on shares of Axel Springer and gave the stock a “sell” rating in a research report on Tuesday, August 27th.

SPR stock traded up €0.70 ($0.81) during trading on Monday, reaching €65.05 ($75.64). 8,332 shares of the company were exchanged. The company has a 50-day moving average of €63.38 and a two-hundred day moving average of €58.04. Axel Springer has a twelve month low of €49.45 ($57.50) and a twelve month high of €73.80 ($85.81).

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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