Prosiebensat 1 Media (ETR:PSM) has been given a €18.50 ($21.51) target price by investment analysts at Oddo Bhf in a research note issued on Friday, September 20th, Borsen Zeitung reports. The firm currently has a “neutral” rating on the stock. Oddo Bhf’s price objective would indicate a potential upside of 48.12% from the stock’s current price.
A number of other brokerages also recently issued reports on PSM. 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 Friday, September 13th. UBS Group set a €18.20 ($21.16) target price on Prosiebensat 1 Media and gave the company a “buy” rating in a research report on Monday, September 9th. Berenberg Bank set a €24.00 ($27.91) target price on Prosiebensat 1 Media and gave the company a “buy” rating in a research report on Thursday, August 8th. Barclays set a €18.50 ($21.51) target price on Prosiebensat 1 Media and gave the company a “neutral” rating in a research report on Wednesday, August 7th. Finally, Macquarie set a €18.00 ($20.93) target price on Prosiebensat 1 Media and gave the company a “buy” rating in a research report on Tuesday, June 25th. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and eight have issued a buy rating to the company’s stock. Prosiebensat 1 Media has an average rating of “Hold” and an average target price of €17.93 ($20.84).
Shares of PSM stock traded down €0.12 ($0.14) during mid-day trading on Friday, reaching €12.49 ($14.52). The stock had a trading volume of 2,233,658 shares, compared to its average volume of 2,250,000. Prosiebensat 1 Media has a 1-year low of €10.66 ($12.40) and a 1-year high of €21.92 ($25.49). The company has a current ratio of 1.20, a quick ratio of 1.01 and a debt-to-equity ratio of 311.48. The firm has a market cap of $2.82 billion and a price-to-earnings ratio of 9.41. The business’s fifty day moving average is €12.49 and its 200-day moving average is €13.46.
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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