Prosiebensat 1 Media (ETR:PSM) received a €38.00 ($46.91) price target from equities research analysts at Barclays in a note issued to investors on Monday. The brokerage currently has a “buy” rating on the stock. Barclays’ price objective indicates a potential upside of 28.64% from the company’s current price.
Several other brokerages have also recently weighed in on PSM. Morgan Stanley set a €36.50 ($45.06) price target on shares of Prosiebensat 1 Media and gave the stock a “buy” rating in a research report on Monday, October 23rd. Commerzbank set a €35.00 ($43.21) price target on shares of Prosiebensat 1 Media and gave the stock a “neutral” rating in a research report on Tuesday, October 24th. DZ Bank reaffirmed a “neutral” rating on shares of Prosiebensat 1 Media in a research report on Thursday, November 9th. Independent Research set a €29.00 ($35.80) price target on shares of Prosiebensat 1 Media and gave the stock a “neutral” rating in a research report on Friday, November 10th. Finally, Kepler Capital Markets set a €41.00 ($50.62) price target on shares of Prosiebensat 1 Media and gave the stock a “buy” rating in a research report on Thursday, November 9th. Four research analysts have rated the stock with a sell rating, nine have assigned a hold rating and twelve have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of €32.56 ($40.20).
Shares of Prosiebensat 1 Media (ETR:PSM) opened at €29.54 ($36.47) on Monday. Prosiebensat 1 Media has a 52-week low of €24.58 ($30.35) and a 52-week high of €41.77 ($51.57). The firm has a market cap of $6,880.00 and a P/E ratio of 14.07.
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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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