Prosiebensat 1 Media SE (PSM) Receives €28.63 Average Target Price from Analysts

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Prosiebensat 1 Media SE (ETR:PSM) has been given an average rating of “Hold” by the twenty-four brokerages that are currently covering the stock, Marketbeat reports. Five investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and eleven have assigned a buy rating to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is €28.63 ($33.29).

PSM has been the subject of a number of research analyst reports. 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 Friday, August 31st. UBS Group set a €22.60 ($26.28) price target on Prosiebensat 1 Media and gave the company a “neutral” rating in a research report on Wednesday, September 19th. Morgan Stanley set a €17.60 ($20.47) price target on Prosiebensat 1 Media and gave the company a “sell” rating in a research report on Monday, October 22nd. 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 Monday, September 17th. Finally, Deutsche Bank set a €30.00 ($34.88) price target on Prosiebensat 1 Media and gave the company a “buy” rating in a research report on Thursday, October 25th.

Shares of PSM stock traded down €0.02 ($0.02) on Monday, reaching €20.40 ($23.72). 555,147 shares of the company were exchanged, 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.

See Also: Return on Investment (ROI)

Analyst Recommendations for Prosiebensat 1 Media (ETR:PSM)

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