Prosiebensat 1 Media (ETR:PSM) received a €34.00 ($41.98) price target from equities researchers at Independent Research in a report released on Monday. The firm currently has a “neutral” rating on the stock. Independent Research’s price objective suggests a potential upside of 5.72% from the stock’s previous close.
A number of other equities research analysts have also commented on the company. Nord/LB set a €30.00 ($37.04) target price on Prosiebensat 1 Media and gave the company a “neutral” rating in a research report on Monday. Morgan Stanley set a €36.50 ($45.06) target price on Prosiebensat 1 Media and gave the company a “buy” rating in a research report on Friday. Cfra set a €34.00 ($41.98) target price on Prosiebensat 1 Media and gave the company a “buy” rating in a research report on Friday. Barclays set a €38.00 ($46.91) target price on Prosiebensat 1 Media and gave the company a “buy” rating in a research report on Friday. Finally, Deutsche Bank set a €39.00 ($48.15) target price on Prosiebensat 1 Media and gave the company a “buy” rating in a research report on Friday. Four equities research analysts have rated the stock with a sell rating, nine have given a hold rating and thirteen have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of €33.22 ($41.01).
Shares of Prosiebensat 1 Media (ETR:PSM) traded down €0.24 ($0.30) during midday trading on Monday, reaching €32.16 ($39.70). The company had a trading volume of 820,759 shares, compared to its average volume of 1,650,000. The stock has a market capitalization of $7,490.00 and a price-to-earnings ratio of 15.31. Prosiebensat 1 Media has a 52-week low of €24.58 ($30.35) and a 52-week high of €41.77 ($51.57).
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ProSiebenSat.1 Media SE, together with its subsidiaries, operates as a media company in Europe. The company operates through Broadcasting German-speaking, Digital Entertainment, Digital Ventures & Commerce, and Content Production & Global Sales segments. The Broadcasting German-speaking segment operates 9 free TV stations, and 13 advertising or program windows in Germany, Austria, and Switzerland.
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