Prosiebensat 1 Media (PSM) PT Set at €28.00 by Oddo Bhf

Oddo Bhf set a €28.00 ($32.56) price objective on Prosiebensat 1 Media (ETR:PSM) in a research report report published on Friday. The firm currently has a neutral rating on the stock.

Several other equities analysts have also issued reports on the stock. HSBC set a €20.00 ($23.26) target price on shares of Prosiebensat 1 Media and gave the company a neutral rating in a report on Friday. Societe Generale set a €25.00 ($29.07) price objective on shares of Prosiebensat 1 Media and gave the company a buy rating in a report on Friday. Credit Suisse Group set a €16.60 ($19.30) price objective on shares of Prosiebensat 1 Media and gave the company a sell rating in a report on Thursday. Cfra set a €19.00 ($22.09) price objective on shares of Prosiebensat 1 Media and gave the company a neutral rating in a report on Thursday. Finally, Nord/LB set a €23.00 ($26.74) price objective on shares of Prosiebensat 1 Media and gave the company a buy rating in a report on Thursday. Four analysts have rated the stock with a sell rating, ten have given a hold rating and eight have assigned a buy rating to the company’s stock. The company currently has an average rating of Hold and a consensus price target of €26.09 ($30.34).

PSM stock traded down €0.78 ($0.91) during midday trading on Friday, hitting €16.97 ($19.73). The stock had a trading volume of 6,437,775 shares, compared to its average volume of 2,250,000. Prosiebensat 1 Media has a 1-year low of €24.58 ($28.58) and a 1-year 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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