Axel Springer SE (SPR) PT Set at €51.00 by Morgan Stanley

Axel Springer SE (FRA:SPR) received a €51.00 ($60.00) price objective from equities researchers at Morgan Stanley in a note issued to investors on Thursday. The brokerage currently has a “neutral” rating on the stock.

A number of other research firms also recently weighed in on SPR. Warburg Research set a €60.00 ($70.59) target price on shares of Axel Springer SE and gave the company a “neutral” rating in a research report on Wednesday, June 7th. Bank of America Corporation set a €64.50 ($75.88) target price on shares of Axel Springer SE and gave the company a “buy” rating in a research report on Monday, May 29th. equinet AG set a €51.00 ($60.00) target price on shares of Axel Springer SE and gave the company a “neutral” rating in a research report on Saturday, May 20th. Oddo Securities set a €44.00 ($51.76) target price on shares of Axel Springer SE and gave the company a “sell” rating in a research report on Saturday, May 20th. Finally, Nord/LB set a €62.00 ($72.94) target price on shares of Axel Springer SE and gave the company a “buy” rating in a research report on Saturday, May 20th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and ten have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of €62.76 ($73.84).

Axel Springer SE (SPR) opened at 53.546 on Thursday. The company has a market cap of €5.78 billion and a price-to-earnings ratio of 21.401. Axel Springer SE has a 1-year low of €39.70 and a 1-year high of €57.80. The company’s 50-day moving average is €53.05 and its 200 day moving average is €52.28.

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