ProSiebenSat.1 Media (ETR:PSM) has been assigned a €30.00 ($35.71) price target by equities researchers at Commerzbank in a report issued on Monday, November 20th. The brokerage presently has a “buy” rating on the stock. Commerzbank’s target price would indicate a potential upside of 11.32% from the stock’s current price.
PSM has been the topic of several other reports. Nord/LB set a €23.00 ($27.38) target price on ProSiebenSat.1 Media and gave the stock a “sell” rating in a research report on Thursday, November 9th. S&P Global set a €38.00 ($45.24) price objective on ProSiebenSat.1 Media and gave the company a “buy” rating in a research report on Thursday, August 3rd. Warburg Research set a €33.00 ($39.29) price objective on ProSiebenSat.1 Media and gave the company a “neutral” rating in a research report on Monday, September 4th. Deutsche Bank set a €34.00 ($40.48) price objective on ProSiebenSat.1 Media and gave the company a “neutral” rating in a research report on Thursday, November 9th. Finally, Kepler Capital Markets set a €41.00 ($48.81) price objective on ProSiebenSat.1 Media and gave the company a “buy” rating in a research report on Tuesday, September 12th. Four analysts have rated the stock with a sell rating, ten have assigned a hold rating and ten have given a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of €32.55 ($38.75).
Shares of ProSiebenSat.1 Media (ETR PSM) traded up €0.05 ($0.06) during trading hours on Monday, hitting €26.95 ($32.08). 1,642,439 shares of the company were exchanged, compared to its average volume of 2,470,000. ProSiebenSat.1 Media has a 52 week low of €24.58 ($29.26) and a 52 week high of €41.77 ($49.73).
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About ProSiebenSat.1 Media
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.
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