Axel Springer SE (FRA:SPR) Receives Consensus Rating of “Hold” from Analysts
Shares of Axel Springer SE (FRA:SPR) have been given a consensus recommendation of “Hold” by the thirteen ratings firms that are presently covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation, nine have assigned a hold recommendation and two have given a buy recommendation to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is €60.16 ($69.96).
Several research analysts have recently weighed in on SPR shares. UBS Group set a €63.00 ($73.26) target price on shares of Axel Springer and gave the stock a “neutral” rating in a research report on Wednesday, August 14th. Independent Research set a €63.00 ($73.26) price objective on shares of Axel Springer and gave the company a “sell” rating in a research report on Tuesday, August 27th. Finally, HSBC set a €63.00 ($73.26) price objective on shares of Axel Springer and gave the company a “neutral” rating in a research report on Tuesday, November 12th.
Axel Springer stock opened at €63.90 ($74.30) on Tuesday. The firm’s 50 day simple moving average is €63.73 and its 200-day simple moving average is €60.94. Axel Springer has a fifty-two week low of €49.45 ($57.50) and a fifty-two week high of €73.80 ($85.81).
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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