Axel Springer (SPR) PT Set at €78.00 by Goldman Sachs Group

Goldman Sachs Group set a €78.00 ($90.70) target price on Axel Springer (FRA:SPR) in a report issued on Monday morning. The brokerage currently has a buy rating on the stock.

A number of other research analysts also recently issued reports on the company. UBS Group set a €58.00 ($67.44) price target on Axel Springer and gave the company a sell rating in a report on Tuesday, May 29th. Warburg Research set a €70.00 ($81.40) target price on Axel Springer and gave the company a neutral rating in a report on Monday, May 28th. Independent Research set a €73.00 ($84.88) target price on Axel Springer and gave the company a neutral rating in a report on Tuesday, July 31st. JPMorgan Chase & Co. set a €72.00 ($83.72) target price on Axel Springer and gave the company a neutral rating in a report on Friday, July 27th. Finally, Morgan Stanley set a €63.50 ($73.84) target price on Axel Springer and gave the company a neutral rating in a report on Monday, June 11th. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating and five have issued a buy rating to the company’s stock. The stock has an average rating of Hold and a consensus target price of €66.59 ($77.43).

Shares of FRA:SPR opened at €58.00 ($67.44) on Monday. Axel Springer has a 1 year low of €49.45 ($57.50) and a 1 year 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.

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