DZ Bank Reiterates “Neutral” Rating for Axel Springer (OTCMKTS:AXELF)

DZ Bank reiterated their neutral rating on shares of Axel Springer (OTCMKTS:AXELF) in a report issued on Monday morning, Borsen Zeitung reports.

A number of other equities analysts also recently issued reports on the company. Berenberg Bank reiterated a buy rating and set a GBX 3,600 ($47.04) price target on shares of in a research note on Friday, May 31st. Barclays cut shares of Axel Springer from an overweight rating to an equal weight rating in a research report on Wednesday, June 12th. Finally, UBS Group lifted their target price on shares of Intact Financial from C$122.00 to C$133.00 in a research report on Tuesday, June 18th. Five analysts have rated the stock with a hold rating, Axel Springer currently has an average rating of Hold.

AXELF stock opened at $70.08 on Monday. Axel Springer has a 52-week low of $56.14 and a 52-week high of $70.08. The company’s 50-day moving average is $67.63.

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 (OTCMKTS:AXELF)

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