Prosiebensat 1 Media SE (PSM) Receives Average Recommendation of “Hold” from Brokerages

Prosiebensat 1 Media SE (ETR:PSM) has been given an average recommendation of “Hold” by the twenty-four analysts that are presently covering the company, MarketBeat.com reports. Five equities research analysts have rated the stock with a sell recommendation, eight have assigned a hold recommendation and eleven have issued a buy recommendation on the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is €28.63 ($33.29).

PSM has been the subject of a number of analyst reports. Hauck & Aufhaeuser set a €32.00 ($37.21) price target on Prosiebensat 1 Media and gave the stock a “buy” rating in a report on Friday, August 31st. Credit Suisse Group set a €21.00 ($24.42) price target on Prosiebensat 1 Media and gave the stock a “sell” rating in a report on Thursday, August 9th. JPMorgan Chase & Co. set a €45.00 ($52.33) price target on Prosiebensat 1 Media and gave the stock a “buy” rating in a report on Monday, September 17th. UBS Group set a €22.60 ($26.28) price target on Prosiebensat 1 Media and gave the stock a “neutral” rating in a report on Wednesday, September 19th. Finally, Deutsche Bank set a €39.00 ($45.35) price objective on Prosiebensat 1 Media and gave the company a “buy” rating in a research note on Friday, August 3rd.

Shares of Prosiebensat 1 Media stock traded up €0.31 ($0.36) during trading hours on Monday, reaching €20.74 ($24.12). The company had a trading volume of 1,366,915 shares, compared to its average volume of 2,250,000. Prosiebensat 1 Media has a one year low of €24.58 ($28.58) and a one year high of €41.77 ($48.57).

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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Analyst Recommendations for Prosiebensat 1 Media (ETR:PSM)

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