Barclays Reiterates “€31.00” Price Target for Prosiebensat 1 Media (PSM)

Prosiebensat 1 Media (ETR:PSM) received a €31.00 ($36.05) price objective from equities research analysts at Barclays in a research report issued to clients and investors on Friday. The firm presently has a “buy” rating on the stock. Barclays’ price objective points to a potential upside of 38.83% from the company’s current price.

Other equities analysts have also issued research reports about the company. Credit Suisse Group set a €21.00 ($24.42) price target on Prosiebensat 1 Media and gave the company a “sell” rating in a research note on Thursday, August 9th. Hauck & Aufhaeuser set a €32.00 ($37.21) price target on Prosiebensat 1 Media and gave the company a “buy” rating in a research note on Tuesday, August 14th. Goldman Sachs Group set a €24.00 ($27.91) price target on Prosiebensat 1 Media and gave the company a “neutral” rating in a research note on Thursday, July 12th. UBS Group set a €24.00 ($27.91) price target on Prosiebensat 1 Media and gave the company a “neutral” rating in a research note on Thursday, August 2nd. Finally, Deutsche Bank set a €39.00 ($45.35) price target on Prosiebensat 1 Media and gave the company a “buy” rating in a research note on Friday, August 3rd. Five investment analysts have rated the stock with a sell rating, eight have issued a hold rating and twelve have given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of €29.57 ($34.39).

Shares of PSM opened at €22.33 ($25.97) on Friday. Prosiebensat 1 Media has a 52-week low of €24.58 ($28.58) and a 52-week high of €41.77 ($48.57).

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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Analyst Recommendations for Prosiebensat 1 Media (ETR:PSM)

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