Axel Springer SE (FRA:SPR) Receives €60.01 Consensus Target Price from Analysts

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Axel Springer SE (FRA:SPR) has earned a consensus rating of “Hold” from the fourteen brokerages that are presently covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and three have assigned a buy rating to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is €60.01 ($69.78).

SPR has been the subject of several analyst reports. UBS Group set a €63.00 ($73.26) target price on shares of Axel Springer and gave the company a “neutral” rating in a report on Wednesday, August 14th. Independent Research set a €63.00 ($73.26) target price on shares of Axel Springer and gave the company a “sell” rating in a report on Tuesday, August 27th.

Shares of SPR stock traded up €0.70 ($0.81) on Monday, hitting €65.05 ($75.64). The stock had a trading volume of 8,332 shares. The business has a 50 day moving average of €63.38 and a 200 day moving average of €58.04. Axel Springer has a 12-month low of €49.45 ($57.50) and a 12-month 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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