Prosiebensat 1 Media (ETR:PSM) has been given a €35.00 ($41.67) price objective by investment analysts at HSBC in a research note issued on Wednesday. The firm presently has a “buy” rating on the stock. HSBC’s target price points to a potential upside of 22.42% from the stock’s current price.
Several other research firms have also recently issued reports on PSM. Deutsche Bank set a €34.00 ($40.48) price target on shares of Prosiebensat 1 Media and gave the stock a “neutral” rating in a report on Wednesday, October 18th. Independent Research set a €32.00 ($38.10) price target on shares of Prosiebensat 1 Media and gave the stock a “neutral” rating in a report on Tuesday, September 19th. Citigroup reissued a “neutral” rating on shares of Prosiebensat 1 Media in a report on Friday, December 1st. Barclays set a €40.00 ($47.62) price target on shares of Prosiebensat 1 Media and gave the stock a “buy” rating in a report on Friday, September 29th. Finally, UBS Group set a €32.00 ($38.10) price target on shares of Prosiebensat 1 Media and gave the stock a “neutral” rating in a report on Monday, September 25th. Four investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and twelve have assigned a buy rating to the stock. Prosiebensat 1 Media has a consensus rating of “Hold” and an average target price of €32.58 ($38.79).
Shares of Prosiebensat 1 Media (ETR PSM) opened at €28.59 ($34.04) on Wednesday. Prosiebensat 1 Media has a 1-year low of €24.58 ($29.26) and a 1-year high of €41.77 ($49.73). The company has a market cap of $6,660.00 and a PE ratio of 13.61.
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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.
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