Prosiebensat 1 Media SE (PSM) Given a €42.00 Price Target by Morgan Stanley Analysts
Prosiebensat 1 Media SE (ETR:PSM) has been given a €42.00 ($49.41) price objective by research analysts at Morgan Stanley in a research report issued to clients and investors on Thursday. The brokerage currently has a “buy” rating on the stock.
PSM has been the topic of a number of other research reports. Nord/LB set a €46.00 ($54.12) price target on Prosiebensat 1 Media SE and gave the company a “buy” rating in a report on Monday, May 29th. Goldman Sachs Group, Inc. (The) set a €45.00 ($52.94) price target on Prosiebensat 1 Media SE and gave the company a “buy” rating in a report on Monday, May 29th. Deutsche Bank AG set a €43.00 ($50.59) price target on Prosiebensat 1 Media SE and gave the company a “neutral” rating in a report on Monday, May 29th. Berenberg Bank set a €44.00 ($51.76) price target on Prosiebensat 1 Media SE and gave the company a “buy” rating in a report on Monday, May 29th. Finally, Commerzbank Ag set a €53.00 ($62.35) price target on Prosiebensat 1 Media SE and gave the company a “buy” rating in a report on Monday, May 29th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and thirteen have assigned a buy rating to the company’s stock. Prosiebensat 1 Media SE has an average rating of “Buy” and an average price target of €40.70 ($47.88).
Prosiebensat 1 Media SE (PSM) opened at 34.32 on Thursday. The stock’s 50 day moving average price is €34.49 and its 200-day moving average price is €37.85. Prosiebensat 1 Media SE has a 52 week low of €31.37 and a 52 week high of €41.89. The stock has a market capitalization of €7.85 billion and a P/E ratio of 18.31.
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About Prosiebensat 1 Media SE
Prosiebensat 1 Media SE is a Germany-based company engaged in the media sector. The Company’s core business is advertising-financed free television (TV). Its TV stations include: SAT.1, ProSieben, kabel eins, sixx, SAT.1 Gold and ProSieben MAXX. The Company operates in three business segments, including Broadcasting German-Speaking segment, Digital and Adjacent segment as well as Content Production and Global Sales segment.
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