Prosiebensat 1 Media (PSM) PT Set at €29.00 by Barclays

Prosiebensat 1 Media (ETR:PSM) has been given a €29.00 ($33.72) target price by investment analysts at Barclays in a report released on Thursday. The firm currently has a “buy” rating on the stock. Barclays’ price objective indicates a potential upside of 70.89% from the stock’s current price.

A number of other analysts also recently commented on PSM. Goldman Sachs Group set a €24.00 ($27.91) price target on Prosiebensat 1 Media and gave the company a “neutral” rating in a research report on Thursday, July 12th. Morgan Stanley set a €20.00 ($23.26) price target on Prosiebensat 1 Media and gave the company a “sell” rating in a research report on Wednesday, July 18th. JPMorgan Chase & Co. set a €45.00 ($52.33) price target on Prosiebensat 1 Media and gave the company a “buy” rating in a research report on Tuesday, July 24th. Kepler Capital Markets set a €33.50 ($38.95) price target on Prosiebensat 1 Media and gave the company a “neutral” rating in a research report on Tuesday, July 24th. Finally, Hauck & Aufhaeuser set a €32.00 ($37.21) price target on Prosiebensat 1 Media and gave the company a “buy” rating in a research report on Monday, July 30th. Four equities research analysts have rated the stock with a sell rating, ten have given a hold rating and eight have issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of €26.09 ($30.34).

Shares of PSM opened at €16.97 ($19.73) on Thursday. Prosiebensat 1 Media has a 12 month low of €24.58 ($28.58) and a 12 month 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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