Prosiebensat 1 Media (ETR:PSM) received a €38.00 ($46.91) target price from equities research analysts at Deutsche Bank in a research report issued to clients and investors on Wednesday, January 31st. The firm currently has a “buy” rating on the stock. Deutsche Bank’s price objective would suggest a potential upside of 20.75% from the stock’s current price.
A number of other equities research analysts have also issued reports on PSM. Morgan Stanley set a €36.50 ($45.06) target price on Prosiebensat 1 Media and gave the stock a “buy” rating in a research report on Monday, October 23rd. Barclays set a €40.00 ($49.38) price target on Prosiebensat 1 Media and gave the company a “buy” rating in a research report on Friday, October 27th. Jefferies Group set a €34.00 ($41.98) target price on Prosiebensat 1 Media and gave the company a “buy” rating in a research note on Thursday, November 9th. Oddo Bhf set a €24.00 ($29.63) target price on Prosiebensat 1 Media and gave the company a “sell” rating in a research note on Friday, October 27th. Finally, HSBC set a €35.00 ($43.21) target price on Prosiebensat 1 Media and gave the company a “buy” rating in a research note on Wednesday, January 10th. Four research analysts have rated the stock with a sell rating, eight have assigned a hold rating and thirteen have assigned a buy rating to the company. Prosiebensat 1 Media has a consensus rating of “Hold” and an average target price of €32.90 ($40.61).
Shares of Prosiebensat 1 Media (ETR PSM) traded up €0.61 ($0.75) during mid-day trading on Wednesday, reaching €31.47 ($38.85). The company’s stock had a trading volume of 1,535,182 shares, compared to its average volume of 1,610,000. Prosiebensat 1 Media has a one year low of €24.58 ($30.35) and a one year high of €41.77 ($51.57). The firm has a market cap of $7,330.00 and a price-to-earnings ratio of 14.99.
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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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