DZ Bank Reiterates €50.00 Price Target for Axel Springer (FRA:SPR)

DZ Bank set a €50.00 ($58.14) price objective on Axel Springer (FRA:SPR) in a report issued on Wednesday, May 8th, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

SPR has been the subject of several other reports. JPMorgan Chase & Co. set a €55.00 ($63.95) price objective on shares of Axel Springer and gave the company a neutral rating in a research report on Thursday, March 21st. Morgan Stanley set a €56.00 ($65.12) price objective on shares of Axel Springer and gave the company a neutral rating in a research report on Friday, March 8th. Goldman Sachs Group set a €66.60 ($77.44) price objective on shares of Axel Springer and gave the company a buy rating in a research report on Monday, January 14th. Deutsche Bank set a €58.00 ($67.44) price objective on shares of Axel Springer and gave the company a neutral rating in a research report on Thursday, May 2nd. Finally, UBS Group set a €58.00 ($67.44) price objective on shares of Axel Springer and gave the company a buy rating in a research report on Thursday, March 7th. Seven research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The company presently has a consensus rating of Buy and an average price target of €56.78 ($66.02).

FRA:SPR opened at €55.55 ($64.59) on Wednesday. Axel Springer has a fifty-two week low of €49.45 ($57.50) and a fifty-two 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.

Read More: Momentum Investing

Analyst Recommendations for Axel Springer (FRA:SPR)

Receive News & Ratings for Axel Springer Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Axel Springer and related companies with MarketBeat.com's FREE daily email newsletter.