Analyst Recommendations




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Analyst Recommendations

The following recommendations of the mentioned analysts are based on the respective latest study of the noted investment banks.

Analyst Recommendations

Company Analyst(s) Date of Research Rating Target Price
Bankhaus Lampe Christoph Bast 19.02.18 hold 67.00
Sonia Rabussier Sonia Rabussier 16.02.18 hold 65.00
Barclays Capital Nick Dempsey 15.02.18 equalweight 69.30
Bank of America Merrill Lynch Ruchi Malaiya 09.02.18 buy 81.00
Goldman Sachs Katherine Tait 08.02.18 buy 85.00
NordLB Holger Fechner 31.01.18 buy 72.00
J.P. Morgan Marcus Diebel 29.01.18 overweight 86.00
Deutsche Bank Nizla Naizer 24.01.18 hold 65.00
Kepler Cheuvreux Craig Abbott 15.01.18 buy 69.00
HSBC Christopher Johnen 15.12.17 hold 70.00
Independent Research Markus Friebel 07.12.17 hold 73.00
Morgan Stanley Patrick Wellington 05.12.17 equalweight 66.00
Warburg Jochen Reichert 15.11.17 buy 64.00
LBBW Bettina Deuscher 08.11.17 buy 60.00
Oddo BHF Marcus Silbe 08.11.17 reduce 44.00
Berenberg Sarah Simon 02.10.17 hold 49.00
DZ Bank Harald Heider 02.08.17 buy 64.00
Equinet Mark Josefson 28.07.17 neutral 51.00

The sole responsibility for the content and the conclusions of the mentioned analyst studies or recommendations respectively rests with the named investment banks. The opinions and forecasts represented by the named analysts as well as the recommendations made by them concerning the shares of Axel Springer SE solely reflect their own opinions and not the ones of Axel Springer SE or its Executive Board.

The listing of analyst recommendations on the websites of Axel Springer SE merely serves as non-binding information. Neither can an acknowledgement or approval of the contents and recommendations of the underlying analyst studies be deduced from the listing of the analyst recommendations by Axel Springer SE nor is the listing to be interpreted as an invitation to buy, hold or sell shares of Axel Springer SE.

Axel Springer SE does not assume any liability for the correctness, completeness or timeliness of the mentioned analyst recommendations. Furthermore, a liability of Axel Springer SE for damages resulting from the adherence or non-adherence to the mentioned analyst recommendations is explicitly excluded. Axel Springer SE explicitly reserves the right to alter or end temporarily or permanently the provision of information concerning the assessments and recommendations of analysts without prior notice.