Prosiebensat 1 Media (ETR:PSM) has been given a €10.00 ($11.63) price target by analysts at Berenberg Bank in a report issued on Wednesday, Borsen Zeitung reports. The firm currently has a “neutral” rating on the stock. Berenberg Bank’s price objective suggests a potential upside of 47.84% from the stock’s current price.
A number of other equities analysts also recently commented on the stock. Goldman Sachs Group set a €11.60 ($13.49) price objective on shares of Prosiebensat 1 Media and gave the stock a “neutral” rating in a report on Tuesday, March 17th. DZ Bank reaffirmed a “buy” rating on shares of Prosiebensat 1 Media in a report on Thursday, March 5th. Independent Research set a €10.90 ($12.67) price objective on shares of Prosiebensat 1 Media and gave the stock a “neutral” rating in a report on Friday, March 6th. Morgan Stanley set a €9.50 ($11.05) price objective on shares of Prosiebensat 1 Media and gave the stock a “sell” rating in a report on Wednesday, February 19th. Finally, JPMorgan Chase & Co. set a €12.87 ($14.97) price objective on shares of Prosiebensat 1 Media and gave the stock a “buy” rating in a report on Friday, March 20th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have issued a buy rating to the stock. Prosiebensat 1 Media currently has an average rating of “Hold” and a consensus target price of €13.01 ($15.13).
Prosiebensat 1 Media stock opened at €6.76 ($7.87) on Wednesday. The company has a market cap of $1.53 billion and a PE ratio of 3.75. The company has a fifty day moving average price of €10.11 and a two-hundred day moving average price of €12.48. The company has a debt-to-equity ratio of 261.34, a current ratio of 1.33 and a quick ratio of 1.14. Prosiebensat 1 Media has a 12 month low of €7.20 ($8.37) and a 12 month high of €15.95 ($18.54).
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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