Commerzbank Ag Analysts Give Axel Springer SE (FRA:SPR) a €53.00 Price Target

Axel Springer SE (FRA:SPR) has been given a €53.00 ($62.35) price target by analysts at Commerzbank Ag in a report released on Wednesday, August 2nd. The brokerage currently has a “neutral” rating on the stock.

SPR has been the topic of several other research reports. Nord/LB set a €62.00 ($72.94) price target on shares of Axel Springer SE and gave the company a “buy” rating in a report on Saturday, May 20th. Kepler Capital Markets set a €63.00 ($74.12) price target on shares of Axel Springer SE and gave the company a “buy” rating in a report on Thursday, June 29th. Warburg Research set a €60.00 ($70.59) price target on shares of Axel Springer SE and gave the company a “buy” rating in a report on Tuesday, July 11th. Goldman Sachs Group, Inc. (The) set a €51.00 ($60.00) price target on shares of Axel Springer SE and gave the company a “neutral” rating in a report on Saturday, May 20th. Finally, DZ Bank AG reaffirmed a “buy” rating on shares of Axel Springer SE in a report on Saturday, May 20th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and ten have given a buy rating to the company’s stock. Axel Springer SE currently has an average rating of “Buy” and an average target price of €63.28 ($74.45).

Shares of Axel Springer SE (SPR) opened at 53.361 on Wednesday. The stock has a market cap of €5.76 billion and a price-to-earnings ratio of 21.327. The stock’s 50 day moving average price is €53.11 and its 200 day moving average price is €52.11. Axel Springer SE has a one year low of €39.70 and a one year high of €57.80.

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