Prosiebensat 1 Media (ETR:PSM) has been assigned a €16.00 ($18.60) target price by equities research analysts at UBS Group in a research report issued to clients and investors on Wednesday, www.boersen-zeitung.de reports. The firm currently has a “neutral” rating on the stock. UBS Group’s price objective indicates a potential upside of 3.49% from the company’s previous close.
A number of other research analysts have also weighed in on the stock. Berenberg Bank set a €38.00 ($44.19) target price on shares of Prosiebensat 1 Media and gave the company a “buy” rating in a report on Tuesday, October 30th. Deutsche Bank set a €30.00 ($34.88) target price on shares of Prosiebensat 1 Media and gave the company a “buy” rating in a report on Thursday, October 25th. JPMorgan Chase & Co. set a €30.00 ($34.88) price target on Prosiebensat 1 Media and gave the stock a “buy” rating in a research report on Monday, December 10th. Morgan Stanley set a €11.20 ($13.02) target price on Prosiebensat 1 Media and gave the stock a “sell” rating in a research report on Friday, January 4th. Finally, Bank of America set a €14.00 ($16.28) target price on Prosiebensat 1 Media and gave the stock a “sell” rating in a research report on Thursday, January 17th. Three equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and six have assigned a buy rating to the stock. Prosiebensat 1 Media has an average rating of “Hold” and a consensus price target of €21.69 ($25.22).
PSM stock opened at €15.46 ($17.98) on Wednesday. Prosiebensat 1 Media has a fifty-two week low of €24.58 ($28.58) and a fifty-two 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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