Axel Springer (FRA:SPR) Given a €55.00 Price Target at Berenberg Bank

Axel Springer (FRA:SPR) has been assigned a €55.00 ($65.48) target price by stock analysts at Berenberg Bank in a report issued on Wednesday, May 9th. The firm currently has a “sell” rating on the stock. Berenberg Bank’s price target indicates a potential downside of 15.58% from the company’s previous close.

A number of other analysts also recently weighed in on the company. Barclays set a €67.30 ($80.12) price target on Axel Springer and gave the stock a “neutral” rating in a report on Wednesday, May 9th. Goldman Sachs set a €82.00 ($97.62) price target on Axel Springer and gave the stock a “buy” rating in a report on Tuesday, May 8th. Warburg Research set a €70.00 ($83.33) price target on Axel Springer and gave the stock a “neutral” rating in a report on Tuesday, May 8th. equinet set a €66.50 ($79.17) price target on Axel Springer and gave the stock a “sell” rating in a report on Tuesday, May 8th. Finally, Deutsche Bank set a €65.00 ($77.38) price target on Axel Springer and gave the stock a “neutral” rating in a report on Thursday, May 3rd. Four investment analysts have rated the stock with a sell rating, nine have given a hold rating and six have assigned a buy rating to the stock. Axel Springer has an average rating of “Hold” and a consensus target price of €68.16 ($81.14).

Axel Springer stock opened at €65.40 ($77.86) on Wednesday. Axel Springer has a 12 month low of €49.45 ($58.87) and a 12 month high of €73.80 ($87.86).

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.

Analyst Recommendations for Axel Springer (FRA:SPR)

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