Independent Research set a €63.00 ($73.26) target price on Axel Springer (FRA:SPR) in a research note issued to investors on Thursday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

Several other research firms also recently weighed in on SPR. DZ Bank set a €50.00 ($58.14) target price on shares of Axel Springer and gave the stock a neutral rating in a research note on Wednesday, May 8th. Warburg Research set a €63.00 ($73.26) price objective on shares of Axel Springer and gave the company a neutral rating in a research note on Thursday, June 13th. Barclays set a €63.00 ($73.26) price objective on shares of Axel Springer and gave the company a neutral rating in a research note on Thursday, June 13th. UBS Group set a €63.00 ($73.26) price objective on shares of Axel Springer and gave the company a neutral rating in a research note on Wednesday, August 14th. Finally, Nord/LB set a €63.00 ($73.26) price objective on shares of Axel Springer and gave the company a sell rating in a research note on Friday, June 14th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and three have assigned a buy rating to the company. The company currently has an average rating of Hold and a consensus price target of €60.01 ($69.78).

SPR opened at €62.85 ($73.08) on Thursday. The firm has a 50-day moving average price of €62.37 and a 200-day moving average price of €54.05. 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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