Axel Springer (FRA:SPR) Given a €79.00 Price Target by JPMorgan Chase & Co. Analysts

JPMorgan Chase & Co. set a €79.00 ($94.05) target price on Axel Springer (FRA:SPR) in a research note released on Wednesday, December 13th. The brokerage currently has a buy rating on the stock.

SPR has been the topic of several other reports. Goldman Sachs Group set a €70.00 ($83.33) target price on shares of Axel Springer and gave the stock a buy rating in a report on Tuesday, October 24th. Barclays set a €64.90 ($77.26) price target on shares of Axel Springer and gave the stock a buy rating in a research report on Friday, October 27th. Nord/LB set a €62.00 ($73.81) price target on shares of Axel Springer and gave the stock a buy rating in a research report on Wednesday, August 23rd. Oddo Bhf set a €44.00 ($52.38) target price on shares of Axel Springer and gave the company a sell rating in a research report on Monday, November 6th. Finally, Kepler Capital Markets set a €65.00 ($77.38) target price on shares of Axel Springer and gave the company a buy rating in a research report on Wednesday, November 8th. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and seven have given a buy rating to the company. Axel Springer presently has a consensus rating of Hold and a consensus price target of €65.28 ($77.71).

Axel Springer (FRA:SPR) traded down €0.60 ($0.71) during trading on Wednesday, reaching €65.13 ($77.54). 89,935 shares of the company’s stock traded hands. Axel Springer has a 52-week low of €45.85 ($54.58) and a 52-week high of €68.53 ($81.58). The company has a market cap of $7,030.00 and a PE ratio of 32.40.

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About Axel Springer

Axel Springer SE operates as a publishing company in Europe. It operates through three segments: Classified Ad Models, Paid Models, and Marketing Models. The Classified Ad Models segment operates a portfolio of online classified ad portals in the areas of jobs, real estate, and general and other, such as vacation home rentals and automobiles.

Analyst Recommendations for Axel Springer (FRA:SPR)

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