Kepler Capital Markets set a €18.00 ($20.93) price target on Prosiebensat 1 Media (ETR:PSM) in a research note issued to investors on Thursday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
PSM has been the subject of several other research reports. Independent Research set a €16.30 ($18.95) target price on shares of Prosiebensat 1 Media and gave the stock a neutral rating in a research note on Monday, March 11th. Barclays set a €18.50 ($21.51) price objective on shares of Prosiebensat 1 Media and gave the company a neutral rating in a research note on Friday, February 1st. HSBC set a €18.50 ($21.51) price objective on shares of Prosiebensat 1 Media and gave the company a neutral rating in a research note on Tuesday, January 29th. Macquarie set a €18.00 ($20.93) price objective on shares of Prosiebensat 1 Media and gave the company a buy rating in a research note on Tuesday, April 9th. Finally, JPMorgan Chase & Co. set a €30.00 ($34.88) price objective on shares of Prosiebensat 1 Media and gave the company a buy rating in a research note on Thursday. Two equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and seven have given a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and a consensus price target of €20.71 ($24.08).
Shares of PSM stock traded up €0.73 ($0.85) during mid-day trading on Thursday, hitting €15.43 ($17.94). The stock had a trading volume of 3,805,516 shares, compared to its average volume of 2,250,000. Prosiebensat 1 Media has a fifty-two week low of €12.61 ($14.66) and a fifty-two week high of €31.10 ($36.16). The stock has a market capitalization of $3.48 billion and a PE ratio of 14.56. The company has a debt-to-equity ratio of 313.19, a quick ratio of 1.20 and a current ratio of 1.40.
Prosiebensat 1 Media Company Profile
ProSiebenSat.1 Media SE, together with its subsidiaries, operates as a media company in Europe. The company operates through three segments: Entertainment, Content Production & Global Sales, and Commerce. The Entertainment 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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