Prosiebensat 1 Media (PSM) PT Set at €38.00 by Berenberg Bank

Prosiebensat 1 Media (ETR:PSM) has been assigned a €38.00 ($46.91) target price by research analysts at Berenberg Bank in a research note issued to investors on Friday. The brokerage presently has a “buy” rating on the stock. Berenberg Bank’s price target would indicate a potential upside of 17.25% from the stock’s previous close.

PSM has been the topic of several other research reports. Nord/LB set a €23.00 ($28.40) price objective on Prosiebensat 1 Media and gave the company a “sell” rating in a research report on Thursday, November 9th. Deutsche Bank set a €34.00 ($41.98) price objective on Prosiebensat 1 Media and gave the company a “neutral” rating in a research report on Thursday, November 9th. Jefferies Group set a €34.00 ($41.98) price objective on Prosiebensat 1 Media and gave the company a “buy” rating in a research report on Thursday, November 9th. UBS Group set a €26.00 ($32.10) price objective on Prosiebensat 1 Media and gave the company a “neutral” rating in a research report on Tuesday, January 23rd. Finally, Morgan Stanley set a €36.50 ($45.06) price objective on Prosiebensat 1 Media and gave the company a “buy” rating in a research report on Thursday, December 7th. Five research analysts have rated the stock with a sell rating, eight have issued a hold rating and twelve have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of €32.69 ($40.35).

Prosiebensat 1 Media (PSM) opened at €32.41 ($40.01) on Friday. The company has a market capitalization of $7,500.00 and a price-to-earnings ratio of 15.43. Prosiebensat 1 Media has a 12-month low of €24.58 ($30.35) and a 12-month high of €41.77 ($51.57).

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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.

Analyst Recommendations for Prosiebensat 1 Media (ETR:PSM)

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