Axel Springer (SPR) PT Set at €54.00 by JPMorgan Chase & Co.

Axel Springer (FRA:SPR) has been assigned a €54.00 ($62.79) price target by equities researchers at JPMorgan Chase & Co. in a research note issued to investors on Tuesday, Borsen Zeitung reports. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price target would indicate a potential upside of 5.99% from the stock’s previous close.

SPR has been the topic of a number of other reports. Morgan Stanley set a €56.00 ($65.12) price objective on shares of Axel Springer and gave the stock a “neutral” rating in a research report on Friday, March 8th. Berenberg Bank set a €46.00 ($53.49) price objective on shares of Axel Springer and gave the stock a “sell” rating in a research report on Monday, January 21st. Goldman Sachs Group set a €66.60 ($77.44) price objective on shares of Axel Springer and gave the stock a “buy” rating in a research report on Thursday, March 7th. Nord/LB set a €66.00 ($76.74) price objective on shares of Axel Springer and gave the stock a “buy” rating in a research report on Wednesday, January 9th. Finally, HSBC set a €54.00 ($62.79) price objective on shares of Axel Springer and gave the stock a “neutral” rating in a research report on Monday, March 11th. One analyst has rated the stock with a sell rating, six have given a hold rating and seven have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of €59.44 ($69.12).

Shares of SPR traded up €0.45 ($0.52) during midday trading on Tuesday, hitting €50.95 ($59.24). 236,819 shares of the company traded hands. Axel Springer has a 52 week low of €49.45 ($57.50) and a 52 week 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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