Axel Springer SE (SPR) Given a €58.75 Price Target by Barclays PLC Analysts

Axel Springer SE (FRA:SPR) has been assigned a €58.75 ($68.31) price target by analysts at Barclays PLC in a note issued to investors on Tuesday. The brokerage presently has a “buy” rating on the stock.

Other equities research analysts also recently issued reports about the company. Warburg Research set a €60.00 ($69.77) target price on Axel Springer SE and gave the company a “buy” rating in a report on Saturday, May 20th. Nord/LB set a €62.00 ($72.09) target price on Axel Springer SE and gave the company a “buy” rating in a report on Saturday, May 20th. DZ Bank AG reaffirmed a “buy” rating on shares of Axel Springer SE in a report on Saturday, May 20th. J P Morgan Chase & Co reaffirmed a “buy” rating on shares of Axel Springer SE in a report on Saturday, May 20th. Finally, Bank of America Corporation set a €64.50 ($75.00) target price on Axel Springer SE and gave the company a “buy” rating in a report on Saturday, May 20th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and eight have issued a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of €56.30 ($65.46).

Shares of Axel Springer SE (SPR) opened at 54.091 on Tuesday. The company’s 50-day moving average price is €53.60 and its 200-day moving average price is €51.47. Axel Springer SE has a 52-week low of €39.70 and a 52-week high of €57.80. The stock has a market cap of €5.84 billion and a PE ratio of 22.159.