equinet AG disclosed Axel Springer (ETR:SPR), stepping up its target to 51.00EUR earlier today
- Updated: January 11, 2017
equinet AG bumped up the target of Axel Springer (ETR:SPR) to 51.00EUR stating a potential upside of 0.10%.
On 1/10/2017, HSBC released a statement on Axel Springer (ETR:SPR) upped the target price from 0.00EUR to 52.00EUR that suggested an upside of 0.11%.
Having a price of 46.55EUR, Axel Springer (ETR:SPR) traded -0.53% lower on the day. With the last close down 18.17% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.05% over the same period. Axel Springer has recorded a 50-day average of 59.13EUR and a two hundred day average of 49.42EUR. Volume of trade was down over the average, with 178,295 shares of SPR changing hands under the typical 1,299,600
With a total market value of 0 EUR, Axel Springer has price-earnings ratio of 15.32 with a one year low of 40.03EUR and a one year high of 61.55EUR .
A total of 14 analysts have released a research note on Axel Springer. Five analysts rating the company a strong buy, five analysts rating the company a buy, seven analysts rating the company a hold, one analyst rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of 55.14EUR.
More About Axel Springer (ETR:SPR)
Axel Springer SE is a Germany-based publishing company that operates through three segments: Classified Ad Models, Paid Models and Marketing Models. The Classified Ad Models segment focuses on online classified advertising and includes, among others, belvilla.com, immonet.de, meinestadt.de and totaljobs.com; the Paid Models segment comprises all business models that are primarily used by paying readers, including the digital and print media of the BILD and WELTN24 Group, the computer, car and sport magazines of the BILD brand family, B.Z. and the music magazines, and the Marketing Models segment focuses on sales to advertising customers and includes finanzen.net, idealo.de and gofeminin.de, among others. The Company also focuses on the digital transformation of its business.
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