Axel Springer (SPR) PT Set at €60.00 by JPMorgan Chase & Co.
JPMorgan Chase & Co. set a €60.00 ($69.77) price target on Axel Springer (FRA:SPR) in a research report report published on Wednesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Other equities analysts have also recently issued research reports about the company. Goldman Sachs Group set a €62.30 ($72.44) price objective on Axel Springer and gave the company a buy rating in a research note on Tuesday, May 7th. Morgan Stanley set a €56.00 ($65.12) price objective on Axel Springer and gave the company a neutral rating in a research note on Friday, March 8th. Berenberg Bank set a €46.00 ($53.49) price objective on Axel Springer and gave the company a sell rating in a research note on Monday, January 21st. HSBC set a €54.00 ($62.79) price objective on Axel Springer and gave the company a neutral rating in a research note on Monday, March 11th. Finally, Kepler Capital Markets set a €70.00 ($81.40) price objective on Axel Springer and gave the company a buy rating in a research note on Thursday, March 7th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and seven have given a buy rating to the company. Axel Springer currently has an average rating of Hold and a consensus price target of €56.29 ($65.46).
FRA SPR opened at €48.12 ($55.95) on Wednesday. Axel Springer has a 1-year low of €49.45 ($57.50) and a 1-year high of €73.80 ($85.81).
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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