Nord/LB set a €30.00 ($37.04) price target on ProSiebenSat.1 Media (ETR:PSM) in a report published on Monday morning. The brokerage currently has a neutral rating on the stock.
A number of other brokerages have also recently weighed in on PSM. DZ Bank reissued a sell rating on shares of ProSiebenSat.1 Media in a research report on Thursday, February 22nd. Kepler Capital Markets set a €32.00 ($39.51) price objective on shares of ProSiebenSat.1 Media and gave the stock a neutral rating in a report on Tuesday, February 20th. Warburg Research set a €36.00 ($44.44) price objective on shares of ProSiebenSat.1 Media and gave the stock a neutral rating in a report on Monday, March 5th. Barclays set a €38.00 ($46.91) price objective on shares of ProSiebenSat.1 Media and gave the stock a buy rating in a report on Monday, January 29th. Finally, Morgan Stanley set a €36.50 ($45.06) price objective on shares of ProSiebenSat.1 Media and gave the stock a buy rating in a report on Friday, February 23rd. Six equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and thirteen have issued a buy rating to the company. ProSiebenSat.1 Media currently has an average rating of Hold and a consensus price target of €33.10 ($40.86).
Shares of ETR PSM opened at €28.88 ($35.65) on Monday. ProSiebenSat.1 Media has a twelve month low of €24.58 ($30.35) and a twelve 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 four segments: Broadcasting German-speaking, Digital Entertainment, Digital Ventures & Commerce, and Content Production & Global Sales. The Broadcasting German-speaking segment operates free TV stations, such as SAT.1, ProSieben, kabel eins, sixx, SAT.1 Gold, ProSieben MAXX, and kabel eins Doku, as well as distributes ProSiebenSat.1 HD stations.
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