Are Analysts Bearish Axel Springer SE (ETR:SPR) After Last Week?

August 24, 2017 - By Hazel Jackson

 Are Analysts Bearish Axel Springer SE (ETR:SPR) After Last Week?
Investors sentiment increased to 1.34 in 2016 Q4. Its up 0.57, from 0.77 in 2016Q3. It increased, as 23 investors sold Axel Springer SE shares while 96 reduced holdings. 68 funds opened positions while 92 raised stakes. 118.30 million shares or 2.49% less from 121.32 million shares in 2016Q3 were reported.
Paloma Partners Management invested in 53,417 shares. Newtyn Ltd Liability Company holds 955,000 shares. Keybank Natl Association Oh invested in 3,929 shares or 0% of the stock. 68,000 are owned by Art Advsr Ltd Liability Corp. Aqr Mgmt Lc accumulated 0.28% or 3.45 million shares. Deutsche Fincl Bank Ag owns 745,696 shares or 0.03% of their US portfolio. Factory Mutual Co stated it has 0.31% of its portfolio in Axel Springer SE (ETR:SPR). Numeric Limited Liability Company invested in 1.06% or 1.74 million shares. First Quadrant Limited Partnership Ca has invested 0% in Axel Springer SE (ETR:SPR). Loomis Sayles And Lp holds 246 shares. 1St Source Commercial Bank holds 11,634 shares or 0.06% of its portfolio. Sterling Cap Ltd Liability Company reported 0.02% in Axel Springer SE (ETR:SPR). Bnp Paribas Arbitrage holds 0.01% or 39,329 shares. 101,498 are owned by Stevens Limited Partnership. The Maryland-based Burt Wealth Advsrs has invested 0.01% in Axel Springer SE (ETR:SPR).

Axel Springer SE (ETR:SPR) Ratings Coverage

Among 17 analysts covering Axel Springer (ETR:SPR), 5 have Buy rating, 1 Sell and 11 Hold. Therefore 29% are positive. Axel Springer had 85 analyst reports since August 4, 2015 according to SRatingsIntel. Landesbank upgraded it to “Buy” rating and €60 target in Friday, March 4 report. Warburg Research upgraded it to “Buy” rating and €60 target in Friday, October 30 report. The rating was maintained by Goldman Sachs with “Neutral” on Wednesday, July 20. On Friday, October 2 the stock rating was maintained by Kepler Cheuvreux with “Hold”. As per Thursday, November 10, the company rating was upgraded by DZ BANK. The rating was upgraded by Landesbank to “Buy” on Friday, January 13. The firm has “Buy” rating given on Thursday, October 1 by DZ-Bank AG. The firm has “Neutral” rating by JP Morgan given on Thursday, October 1. On Thursday, August 20 the stock rating was maintained by JP Morgan with “Neutral”. Commerzbank maintained the shares of SPR in report on Thursday, October 1 with “Hold” rating. Below is a list of Axel Springer SE (ETR:SPR) latest ratings and price target changes.

08/03/2017 Broker: Deutsche Bank Rating: Hold New Target: €50.00 Maintain

The stock decreased 0.75% or EUR 0.4 on August 24, reaching EUR 52.66. About 83,596 shares traded. Axel Springer SE (ETR:SPR) has risen 15.24% since August 24, 2016 and is uptrending. It has underperformed by 1.46% the S&P500.

Axel Springer SE is a Germany-based publishing firm that operates through three divisions: Classified Ad Models, Paid Models and Marketing Models. The company has market cap of 5.68 billion EUR. 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 clients and includes finanzen.net, idealo.de and gofeminin.de, among others. It has a 21.23 P/E ratio.

More notable recent Axel Springer SE (ETR:SPR) news were published by: Ft.com which released: “Classified ads and digital publishing lift profits at Axel Springer” on May 10, 2017, also Reuters.com with their article: “BRIEF-Axel Springer says Bild publisher Kai Diekmann to leave” published on December 30, 2016, Prnewswire.com published: “Axel Springer and AppNexus Announce Technology Partnership” on May 03, 2017. More interesting news about Axel Springer SE (ETR:SPR) were released by: Ft.com and their article: “Axel Springer plans pan-European Upday news service” published on February 05, 2017 as well as Law360.com‘s news article titled: “German Publisher Axel Springer Sells 2 Buildings For $866M” with publication date: July 17, 2017.

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