Kepler Capital Markets Reiterates €70.00 Price Target for Axel Springer (SPR)

Axel Springer (FRA:SPR) has been assigned a €70.00 ($81.40) price objective by Kepler Capital Markets in a research report issued on Monday. The brokerage presently has a “buy” rating on the stock. Kepler Capital Markets’ price objective suggests a potential upside of 29.15% from the company’s current price.

SPR has been the subject of several other research reports. Goldman Sachs Group set a €78.00 ($90.70) target price on shares of Axel Springer and gave the stock a “buy” rating in a research note on Thursday, September 13th. Nord/LB set a €72.00 ($83.72) target price on shares of Axel Springer and gave the stock a “neutral” rating in a research note on Friday, September 21st. Barclays set a €70.00 ($81.40) target price on shares of Axel Springer and gave the stock a “buy” rating in a research note on Tuesday, August 28th. UBS Group set a €58.00 ($67.44) target price on shares of Axel Springer and gave the stock a “sell” rating in a research note on Friday, November 2nd. Finally, JPMorgan Chase & Co. set a €60.00 ($69.77) target price on shares of Axel Springer and gave the stock a “neutral” rating in a research note on Thursday, October 25th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and six have issued a buy rating to the company. Axel Springer has an average rating of “Hold” and an average target price of €66.40 ($77.21).

SPR stock opened at €54.20 ($63.02) on Monday. Axel Springer has a one year low of €49.45 ($57.50) and a one year high of €73.80 ($85.81).

About Axel Springer

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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