Axel Springer (FRA:SPR) received a €79.00 ($94.05) price target from J P Morgan Chase & Co in a report released on Wednesday. The firm currently has a “buy” rating on the stock. J P Morgan Chase & Co’s price target would indicate a potential upside of 18.32% from the stock’s previous close.

A number of other equities analysts have also recently issued reports on SPR. Barclays set a €64.90 ($77.26) price objective on shares of Axel Springer and gave the company a “buy” rating in a research note on Friday, October 27th. Goldman Sachs Group set a €70.00 ($83.33) price objective on shares of Axel Springer and gave the company a “buy” rating in a research note on Tuesday, October 24th. Morgan Stanley set a €66.00 ($78.57) price objective on shares of Axel Springer and gave the company a “neutral” rating in a research note on Tuesday, December 5th. Independent Research set a €73.00 ($86.90) price objective on shares of Axel Springer and gave the company a “neutral” rating in a research note on Thursday, December 7th. Finally, equinet set a €51.00 ($60.71) price objective on shares of Axel Springer and gave the company a “neutral” rating in a research note on Wednesday, November 8th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and seven have issued a buy rating to the company’s stock. Axel Springer presently has a consensus rating of “Hold” and a consensus target price of €65.28 ($77.71).

Axel Springer (FRA:SPR) opened at €66.77 ($79.49) on Wednesday. Axel Springer has a one year low of €43.94 ($52.31) and a one year high of €68.53 ($81.58).

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About Axel Springer

Axel Springer SE operates as a publishing company in Europe. It operates through three segments: Classified Ad Models, Paid Models, and Marketing Models. The Classified Ad Models segment operates a portfolio of online classified ad portals in the areas of jobs, real estate, and general and other, such as vacation home rentals and automobiles.

Analyst Recommendations for Axel Springer (FRA:SPR)

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