ProSiebenSat.1 Media (ETR:PSM) has been given a €15.10 ($17.76) target price by analysts at Berenberg Bank in a report issued on Wednesday, Borsen Zeitung reports. The firm presently has a “neutral” rating on the stock. Berenberg Bank’s target price would indicate a potential downside of 15.00% from the stock’s current price.
Several other equities research analysts have also recently commented on PSM. Warburg Research set a €22.00 ($25.88) price target on ProSiebenSat.1 Media and gave the stock a “buy” rating in a research note on Tuesday, March 16th. The Goldman Sachs Group set a €23.40 ($27.53) price target on ProSiebenSat.1 Media and gave the stock a “buy” rating in a research note on Tuesday, April 13th. Credit Suisse Group set a €9.70 ($11.41) price objective on ProSiebenSat.1 Media and gave the stock a “sell” rating in a report on Friday, March 5th. Independent Research set a €15.00 ($17.65) price objective on ProSiebenSat.1 Media and gave the stock a “sell” rating in a report on Wednesday, March 10th. Finally, Barclays set a €15.00 ($17.65) price objective on ProSiebenSat.1 Media and gave the stock a “neutral” rating in a report on Thursday, March 4th. Three investment analysts have rated the stock with a sell rating, three have issued a hold rating and eight have given a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of €18.05 ($21.24).
ProSiebenSat.1 Media stock opened at €17.77 ($20.90) on Wednesday. ProSiebenSat.1 Media has a 12 month low of €7.44 ($8.76) and a 12 month high of €18.61 ($21.89). The company has a debt-to-equity ratio of 202.67, a current ratio of 1.07 and a quick ratio of 0.95. The business has a 50 day simple moving average of €17.71 and a 200-day simple moving average of €14.51. The stock has a market capitalization of $4.02 billion and a PE ratio of 14.94.
ProSiebenSat.1 Media Company Profile
ProSiebenSat.1 Media SE, together with its subsidiaries, operates as a media company in Europe. It operates through four segments: Seven.One Entertainment Group, ParshipMeet Group, NuCom Group, and Red Arrow Studios. The Seven.One Entertainment Group segment operates free TV stations and digital paltforms, 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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