Prosiebensat 1 Media (ETR:PSM) received a €10.50 ($11.80) price objective from equities researchers at Nord/LB in a report released on Thursday, Borsen Zeitung reports. The firm currently has a “neutral” rating on the stock. Nord/LB’s price objective points to a potential upside of 0.62% from the company’s previous close.
A number of other brokerages also recently weighed in on PSM. UBS Group set a €12.20 ($13.71) price target on shares of Prosiebensat 1 Media and gave the company a “buy” rating in a report on Wednesday, May 13th. Warburg Research set a €13.00 ($14.61) price objective on Prosiebensat 1 Media and gave the stock a “buy” rating in a report on Wednesday, May 13th. Oddo Bhf set a €11.50 ($12.92) price objective on Prosiebensat 1 Media and gave the stock a “neutral” rating in a report on Tuesday, May 19th. Credit Suisse Group set a €5.30 ($5.96) price objective on Prosiebensat 1 Media and gave the stock a “sell” rating in a report on Thursday, March 26th. Finally, Independent Research set a €9.20 ($10.34) price objective on Prosiebensat 1 Media and gave the stock a “sell” rating in a report on Wednesday, May 13th. Three research analysts have rated the stock with a sell rating, seven have given a hold rating and six have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of €11.69 ($13.13).
PSM stock traded down €0.15 ($0.17) during trading on Thursday, hitting €10.44 ($11.72). The company had a trading volume of 1,060,431 shares, compared to its average volume of 2,250,000. The firm has a market capitalization of $2.36 billion and a price-to-earnings ratio of 7.32. The business has a 50 day moving average of €10.98 and a 200 day moving average of €10.76. Prosiebensat 1 Media has a fifty-two week low of €5.72 ($6.43) and a fifty-two week high of €14.41 ($16.19). The company has a current ratio of 1.38, a quick ratio of 1.21 and a debt-to-equity ratio of 248.49.
Prosiebensat 1 Media Company Profile
ProSiebenSat.1 Media SE, together with its subsidiaries, operates as a media company in Europe. The company operates through three segments: Entertainment, Content Production & Global Sales, and Commerce. The Entertainment 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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