Axel Springer (FRA:SPR) Given a €63.00 Price Target by UBS Group Analysts

UBS Group set a €63.00 ($73.26) price objective on Axel Springer (FRA:SPR) in a report published on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

SPR has been the topic of several other research reports. Kepler Capital Markets set a €63.00 ($73.26) price target on shares of Axel Springer and gave the stock a neutral rating in a research report on Tuesday, June 18th. JPMorgan Chase & Co. set a €60.00 ($69.77) price target on shares of Axel Springer and gave the stock a buy rating in a research report on Thursday, May 30th. HSBC set a €54.00 ($62.79) price target on shares of Axel Springer and gave the stock a neutral rating in a research report on Monday, June 3rd. DZ Bank set a €50.00 ($58.14) price target on shares of Axel Springer and gave the stock a neutral rating in a research report on Wednesday, May 8th. Finally, Berenberg Bank set a €52.00 ($60.47) price target on shares of Axel Springer and gave the stock a neutral rating in a research report on Wednesday, June 12th. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and three have issued a buy rating to the stock. The stock presently has a consensus rating of Hold and an average price target of €60.01 ($69.78).

Shares of SPR opened at €62.85 ($73.08) on Wednesday. Axel Springer has a 1 year low of €49.45 ($57.50) and a 1 year high of €73.80 ($85.81). The company’s 50-day simple moving average is €62.37 and its 200-day simple moving average is €54.05.

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 (FRA:SPR)

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