Warburg Research announced Axel Springer (ETR:SPR), bumping its price target to 56.00EUR earlier today
- Updated: September 19, 2016
Yesterday Axel Springer (ETR:SPR) traded 0.81% lower at 46.60EUR. The company’s 50-day average is 44.86EUR and its two hundred day moving average is 45.47EUR. The last stock close is up 5.71% from the two hundred day average, compared to the S&P 500 Index which has fallen -0.01% over the same period. Trade volume was was down over the average, with 822,625 shares of SPR changing hands under the typical 1,164,080 shares..
Warburg Research raised the price target of Axel Springer (ETR:SPR) to 56EUR, indicating a possible upside of 0.20%,
On Monday September 19 2016, Warburg Research released a statement for Axel Springer(ETR:SPR) bumped the target price from 0.00EUR to 56.00EUR that suggested an upside of 0.20%.
Recent Performance Chart:
Also covering Axel Springer’s price target, a total of 14 firms have issued a research note on the company. The average target stock price is 55.14EUR with five analysts rating the stock a strong buy, five firms rating the company a buy, seven firms rating the stock a hold, one firm rating the stock to underperform, and finally 0 analysts rating the company as sell.
Axel Springer has a P/E of 9 with a 52 week low of 40.03EUR and a one-year high of 56.20EUR and has a total market value of 0.0 EUR.
General Company Details For 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, and among others. The Company also focuses on the digital transformation of its business.
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