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Will DZ-Bank AG Upgrade to Buy Be a Tailwind For Axel Springer (ETR:SPR) Stock Today?

London Axel Springer ETR:SPR

Axel Springer (ETR:SPR) Rating Improved

DZ-Bank AG upgraded the shares of Axel Springer (ETR:SPR) to Buy rating in analysts report revealed to clients on Monday morning.

ETR:SPR Price Chart & Trend

The stock price of Axel Springer went down 12.6% over the last 200 days, and is in strong down trend. In the last 50 and 100 days, Axel Springer is down 13.04% and down 10.44%, respectively. Our stocks momentum model is shown on the price chart below. Will DZ-Bank AG Upgrade to Buy Be a Tailwind For Axel Springer (ETR:SPR) Stock Today?

Source: RightEdge Systems, Yahoo Split & Dividend Adjusted Data and OctaFinance Trading Models

SPR Stock Chart

Axel Springer (ETR:SPR) Profile

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

Axel Springer (ETR:SPR) traded down -0.98% on 7 March, hitting EUR 45.83. A total of 137,289 shares of the company’s stock traded hands. This is down from average of 157,551 shares. Axel Springer has a 52 week low of EUR 42.37 and a 52 week high of EUR 59.13. The company has a market cap of 4.94B EUR and a P/E ratio of 21.53.

Get the latest Axel Springer (ETR:SPR) Stock Ratings at Octafinance. Completely free access to our Analyst Ratings Database for 6000+ stocks.

The post Will DZ-Bank AG Upgrade to Buy Be a Tailwind For Axel Springer (ETR:SPR) Stock Today? appeared first on Octafinance.



This post first appeared on Octafinance – Financial News, Reports And Intell, please read the originial post: here

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Will DZ-Bank AG Upgrade to Buy Be a Tailwind For Axel Springer (ETR:SPR) Stock Today?

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