ProSiebenSat.1 Media (PSM) Given a €37.00 Price Target by Commerzbank Analysts

Commerzbank set a €37.00 ($45.68) price target on ProSiebenSat.1 Media (ETR:PSM) in a research note released on Friday. The brokerage currently has a buy rating on the stock.

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.

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

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