TOday’s Movers: Axel Springer (ETR:SPR) Stock Rating Reemphasized by Analysts at Nomura; EUR 59.00 Target Price Indicates 13.90% Potential


Axel Springer (ETR:SPR) Rating Reaffirmed

Nomura now has a EUR 59.00 target price per share on the 5.11 billion EUR market cap company or 13.90% upside potential. In an analyst research report sent to investors on 4 December, Axel Springer (ETR:SPR) shares have had their Neutral Rating maintained by equity research analysts at Nomura.

From a total of 15 analysts covering Axel Springer (ETR:SPR) stock, 10 rate it a ”Buy”, 1 a “Sell”, and 8 a ”Hold”. This means that 53% of the ratings are positive. The highest target price is €70 while the lowest target price is €37. The mean of all analyst targets is €60.07 with a 8.69% above today’s (€51.69) stock price. Axel Springer was the topic of 27 analyst reports since August 4, 2015 according to the firm StockzIntelligence Inc. Berenberg downgraded shares on December 1 to “Sell” rating. Warburg Research upgraded shares to “Buy” rating and €60 target share price in a report from an October 30. DZ-Bank AG upgraded SPR stock in a recent report from November 5 to “Buy” rating. Commerzbank maintained the rating on October 22. Commerzbank has a “Hold” rating and a €57 price target on shares. Finally, Bankhaus Lampe maintained the stock with “Hold” rating in a report issued on a November 5.

The stock decreased 1.30% or EUR 0.68 on December 3, striking EUR 51.69. Approximately 172,415 shares of stock traded hands or 40.64% up from the average. Axel Springer SE (ETR:SPR) has risen 0.27% since May 1, 2015 and is uptrending. It has outperformed by 0.56% the S&P500.

TOday’s Movers: Axel Springer (ETR:SPR) Stock Rating Reemphasized by Analysts at Nomura; EUR 59.00 Target Price Indicates 13.90% Potential

Axel Springer SE is a Germany-based media holding firm that is engaged in publishing newspapers and magazines, as well as the operation of digital sales channels. The company has a market cap of 5.11 billion EUR. The Company’s business activities are divided into five business divisions: Newspaper National; Magazines National; Print International; Digital Media, and Services/Holding. It has 24.28 P/E ratio. The Newspapers National segment includes German newspapers and advertising supplements.

According to Zacks Investment Research, “SPIRIT AEROSYSTEMS is the world’s largest independent supplier of commercial airplane assemblies and components. In addition to its Kansas facility, Spirit has operations in Tulsa and McAlester, Okla., Prestwick, Scotland, and Samlesbury, England. In the U.S., Spirit’s core products include fuselages, pylons, nacelles and wing components. Additionally, Spirit provides aftermarket customer support services, including spare parts, maintenance/repair/overhaul, and fleet support services in North America and Europe. Spirit Europe produces wing components for a host of customers, including Airbus.” Get a free copy of the Zacks research report on Axel Springer SE (SPR).