Several other research firms have also recently issued reports on PSM. Warburg Research set a €36.00 ($44.44) price target on ProSiebenSat.1 Media and gave the company a neutral rating in a report on Tuesday, February 27th. Berenberg Bank set a €38.00 ($46.91) target price on shares of ProSiebenSat.1 Media and gave the company a buy rating in a research note on Friday, February 23rd. Deutsche Bank set a €39.00 ($48.15) target price on shares of ProSiebenSat.1 Media and gave the company a buy rating in a research note on Friday, February 23rd. Nord/LB set a €30.00 ($37.04) target price on shares of ProSiebenSat.1 Media and gave the company a neutral rating in a research note on Monday, February 26th. Finally, DZ Bank reissued a sell rating on shares of ProSiebenSat.1 Media in a research note on Thursday, February 22nd. Six analysts have rated the stock with a sell rating, eight have given a hold rating and thirteen have issued a buy rating to the stock. ProSiebenSat.1 Media currently has a consensus rating of Hold and an average target price of €33.10 ($40.86).
Shares of ETR PSM traded up €0.01 ($0.01) during trading on Friday, hitting €29.63 ($36.58). The company had a trading volume of 800,315 shares, compared to its average volume of 2,250,000. 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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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.
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