Prosiebensat 1 Media (ETR:PSM) has been given a €38.00 ($46.91) target price by Berenberg Bank in a note issued to investors on Friday. The brokerage currently has a “buy” rating on the stock. Berenberg Bank’s price objective suggests a potential upside of 17.28% from the stock’s current price.
Several other research analysts have also commented on PSM. Barclays set a €40.00 ($49.38) price objective on shares of Prosiebensat 1 Media and gave the stock a “buy” rating in a report on Friday, October 27th. Oddo Bhf set a €24.00 ($29.63) price objective on shares of Prosiebensat 1 Media and gave the stock a “sell” rating in a report on Friday, October 27th. Goldman Sachs Group set a €34.10 ($42.10) price objective on shares of Prosiebensat 1 Media and gave the stock a “neutral” rating in a report on Tuesday, November 7th. Jefferies Group set a €34.00 ($41.98) price objective on shares of Prosiebensat 1 Media and gave the stock a “buy” rating in a report on Thursday, November 9th. Finally, Deutsche Bank set a €34.00 ($41.98) price objective on shares of Prosiebensat 1 Media and gave the stock a “neutral” rating in a report on Thursday, November 9th. Five analysts have rated the stock with a sell rating, eight have assigned a hold rating and thirteen have given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of €32.74 ($40.42).
Shares of Prosiebensat 1 Media (PSM) opened at €32.40 ($40.00) on Friday. Prosiebensat 1 Media has a 1-year low of €24.58 ($30.35) and a 1-year high of €41.77 ($51.57). The company has a market cap of $7,550.00 and a price-to-earnings ratio of 15.43.
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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.
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