Barclays Reiterates €37.00 Price Target for ProSiebenSat.1 Media (PSM)

Barclays set a €37.00 ($45.68) price objective on ProSiebenSat.1 Media (ETR:PSM) in a report published on Friday. The firm currently has a buy rating on the stock.

Several other research analysts also recently weighed in on PSM. Citigroup restated a neutral rating on shares of ProSiebenSat.1 Media in a report on Friday, December 1st. BNP Paribas set a €25.00 ($30.86) price objective on shares of ProSiebenSat.1 Media and gave the stock a sell rating in a report on Monday, December 4th. JPMorgan Chase & Co. set a €45.00 ($55.56) price objective on shares of ProSiebenSat.1 Media and gave the stock a buy rating in a report on Wednesday, December 6th. Goldman Sachs set a €32.50 ($40.12) target price on shares of ProSiebenSat.1 Media and gave the company a neutral rating in a report on Thursday, December 7th. Finally, Commerzbank set a €34.00 ($41.98) target price on shares of ProSiebenSat.1 Media and gave the company a buy rating in a report on Thursday, December 7th. Six equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and thirteen have issued a buy rating to the company’s stock. ProSiebenSat.1 Media has an average rating of Hold and a consensus target price of €33.22 ($41.01).

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ProSiebenSat.1 Media (ETR:PSM) opened at €27.35 ($33.77) on Friday. ProSiebenSat.1 Media has a one year low of €24.58 ($30.35) and a one year high of €41.77 ($51.57). The company has a market cap of $6,270.00 and a PE ratio of 13.02.

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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.

Analyst Recommendations for ProSiebenSat.1 Media (ETR:PSM)

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