Axel Springer (FRA:SPR) Given a €63.00 Price Target by UBS Group Analysts

UBS Group set a €63.00 ($73.26) target price on Axel Springer (FRA:SPR) in a research report sent to investors on Wednesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

A number of other equities analysts have also recently weighed in on SPR. JPMorgan Chase & Co. set a €60.00 ($69.77) price objective on shares of Axel Springer and gave the stock a buy rating in a research report on Thursday, May 30th. HSBC set a €54.00 ($62.79) price objective on shares of Axel Springer and gave the stock a neutral rating in a research report on Monday, June 3rd. Warburg Research 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 Thursday, June 13th. Deutsche Bank 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 Thursday, June 13th. Finally, Goldman Sachs Group set a €60.10 ($69.88) price objective on shares of Axel Springer and gave the stock a buy rating in a research report on Thursday, May 30th. One analyst has rated the stock with a sell rating, ten have given a hold rating and three have assigned a buy rating to the company. Axel Springer currently has an average rating of Hold and a consensus target price of €60.01 ($69.78).

SPR opened at €62.85 ($73.08) on Wednesday. The firm has a fifty day moving average price of €62.37 and a 200 day moving average price of €54.05. Axel Springer has a 1 year low of €49.45 ($57.50) and a 1 year 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.

Further Reading: What causes a yield curve to invert?

Analyst Recommendations for Axel Springer (FRA:SPR)

Receive News & Ratings for Axel Springer Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Axel Springer and related companies with MarketBeat.com's FREE daily email newsletter.