ProSiebenSat.1 Media (PSM) Given a €29.00 Price Target at Independent Research

ProSiebenSat.1 Media (ETR:PSM) received a €29.00 ($34.52) target price from stock analysts at Independent Research in a report released on Monday, November 20th. The firm presently has a “neutral” rating on the stock. Independent Research’s price target would indicate a potential upside of 7.61% from the stock’s previous close.

PSM has been the topic of several other research reports. UBS set a €32.00 ($38.10) target price on ProSiebenSat.1 Media and gave the stock a “neutral” rating in a research note on Monday, October 2nd. Goldman Sachs Group set a €34.10 ($40.60) price target on ProSiebenSat.1 Media and gave the stock a “neutral” rating in a report on Tuesday, November 7th. DZ Bank restated a “neutral” rating on shares of ProSiebenSat.1 Media in a report on Tuesday, August 29th. Commerzbank set a €33.00 ($39.29) price objective on ProSiebenSat.1 Media and gave the company a “neutral” rating in a report on Tuesday, August 29th. Finally, Macquarie set a €26.50 ($31.55) price objective on ProSiebenSat.1 Media and gave the company a “sell” rating in a report on Wednesday, August 30th. Four analysts have rated the stock with a sell rating, ten have given a hold rating and ten have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of €32.55 ($38.75).

Shares of ProSiebenSat.1 Media (ETR PSM) traded up €0.05 ($0.06) during trading on Monday, hitting €26.95 ($32.08). The stock had a trading volume of 1,642,439 shares, compared to its average volume of 2,470,000. ProSiebenSat.1 Media has a twelve month low of €24.58 ($29.26) and a twelve month high of €41.77 ($49.73).

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ProSiebenSat.1 Media Company Profile

ProSiebenSat.1 Media SE, together with its subsidiaries, operates as a media company in Europe. The company operates through Broadcasting German-speaking, Digital Entertainment, Digital Ventures & Commerce, and Content Production & Global Sales segments. The Broadcasting German-speaking segment operates 9 free TV stations, and 13 advertising or program windows in Germany, Austria, and Switzerland.

Analyst Recommendations for ProSiebenSat.1 Media (ETR:PSM)

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