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

Berenberg Bank set a €38.00 ($44.19) target price on Prosiebensat 1 Media (ETR:PSM) in a research report sent to investors on Tuesday. The firm currently has a buy rating on the stock.

PSM has been the subject of a number of other reports. Hauck & Aufhaeuser set a €32.00 ($37.21) target price on Prosiebensat 1 Media and gave the stock a buy rating in a research report on Friday, August 31st. UBS Group set a €22.60 ($26.28) target price on Prosiebensat 1 Media and gave the stock a neutral rating in a research report on Wednesday, September 19th. Morgan Stanley set a €17.60 ($20.47) target price on Prosiebensat 1 Media and gave the stock a sell rating in a research report on Monday, October 22nd. JPMorgan Chase & Co. set a €45.00 ($52.33) target price on Prosiebensat 1 Media and gave the stock a buy rating in a research report on Monday, September 17th. Finally, Deutsche Bank set a €30.00 ($34.88) target price on Prosiebensat 1 Media and gave the stock a buy rating in a research report on Thursday, October 25th. Five research analysts have rated the stock with a sell rating, eight have assigned a hold rating and eleven have issued a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average price target of €28.63 ($33.29).

PSM opened at €20.43 ($23.76) on Tuesday. Prosiebensat 1 Media has a 1-year low of €24.58 ($28.58) and a 1-year high of €41.77 ($48.57).

Prosiebensat 1 Media Company Profile

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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Analyst Recommendations for Prosiebensat 1 Media (ETR:PSM)

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