JPMorgan Chase & Co. Analysts Give Prosiebensat 1 Media (PSM) a €30.00 Price Target

JPMorgan Chase & Co. set a €30.00 ($34.88) target price on Prosiebensat 1 Media (ETR:PSM) in a research note published on Thursday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

Several other brokerages also recently weighed in on PSM. UBS Group set a €16.00 ($18.60) price target on shares of Prosiebensat 1 Media and gave the stock a neutral rating in a report on Thursday, March 7th. HSBC set a €18.50 ($21.51) price target on shares of Prosiebensat 1 Media and gave the stock a neutral rating in a report on Tuesday, January 29th. Credit Suisse Group set a €14.30 ($16.63) price target on shares of Prosiebensat 1 Media and gave the stock a neutral rating in a report on Thursday, March 7th. Barclays set a €18.50 ($21.51) price target on shares of Prosiebensat 1 Media and gave the stock a neutral rating in a report on Thursday, March 7th. Finally, Kepler Capital Markets set a €20.00 ($23.26) price target on shares of Prosiebensat 1 Media and gave the stock a neutral rating in a report on Wednesday, February 27th. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have assigned a buy rating to the stock. The stock has an average rating of Hold and a consensus price target of €19.85 ($23.08).

Shares of Prosiebensat 1 Media stock opened at €15.43 ($17.94) on Thursday. The company has a market capitalization of $3.49 billion and a P/E ratio of 10.45. The company has a quick ratio of 1.23, a current ratio of 1.41 and a debt-to-equity ratio of 251.46. Prosiebensat 1 Media has a 52 week low of €12.61 ($14.66) and a 52 week high of €30.06 ($34.95).

About Prosiebensat 1 Media

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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Analyst Recommendations for Prosiebensat 1 Media (ETR:PSM)

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