Prosiebensat 1 Media (PSM) Given a €35.00 Price Target at HSBC

HSBC set a €35.00 ($41.67) price target on Prosiebensat 1 Media (ETR:PSM) in a report published on Wednesday morning. The brokerage currently has a buy rating on the stock.

Several other brokerages have also recently weighed in on PSM. Independent Research set a €32.00 ($38.10) price target on shares of Prosiebensat 1 Media and gave the stock a neutral rating in a research note on Tuesday, September 19th. Morgan Stanley set a €36.50 ($43.45) price target on shares of Prosiebensat 1 Media and gave the stock a buy rating in a research note on Monday, October 23rd. Commerzbank set a €35.00 ($41.67) price target on shares of Prosiebensat 1 Media and gave the stock a neutral rating in a research note on Tuesday, October 24th. DZ Bank reaffirmed a neutral rating on shares of Prosiebensat 1 Media in a research note on Thursday, November 9th. Finally, Kepler Capital Markets set a €41.00 ($48.81) price target on shares of Prosiebensat 1 Media and gave the stock a buy rating in a research note on Thursday, November 9th. Four research analysts have rated the stock with a sell rating, nine have given a hold rating and twelve have assigned a buy rating to the company. Prosiebensat 1 Media currently has an average rating of Hold and a consensus target price of €32.58 ($38.79).

Prosiebensat 1 Media (ETR:PSM) opened at €29.48 ($35.10) on Wednesday. The firm has a market cap of $6,870.00 and a P/E ratio of 14.04. Prosiebensat 1 Media has a 52 week low of €24.58 ($29.26) and a 52 week high of €41.77 ($49.73).

ILLEGAL ACTIVITY NOTICE: “Prosiebensat 1 Media (PSM) Given a €35.00 Price Target at HSBC” was reported by Transcript Daily and is owned by of Transcript Daily. If you are accessing this story on another site, it was stolen and republished in violation of U.S. and international trademark & copyright law. The original version of this story can be viewed at https://transcriptdaily.com/2018/01/13/prosiebensat-1-media-psm-given-a-35-00-price-target-at-hsbc.html.

Prosiebensat 1 Media Company Profile

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.

Analyst Recommendations for Prosiebensat 1 Media (ETR:PSM)

Receive News & Ratings for Prosiebensat 1 Media Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Prosiebensat 1 Media and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply