ProSiebenSat.1 Media (PSM) PT Set at €25.00 by BNP Paribas
ProSiebenSat.1 Media (ETR:PSM) received a €25.00 ($29.76) price objective from equities researchers at BNP Paribas in a research note issued to investors on Monday. The brokerage presently has a “sell” rating on the stock. BNP Paribas’ price objective would suggest a potential downside of 7.06% from the stock’s previous close.
Several other research analysts have also commented on PSM. Morgan Stanley set a €42.00 ($50.00) price objective on ProSiebenSat.1 Media and gave the stock a “buy” rating in a report on Thursday, August 10th. Hauck & Aufhaeuser set a €45.00 ($53.57) price objective on ProSiebenSat.1 Media and gave the stock a “buy” rating in a report on Thursday, August 10th. DZ Bank reissued a “neutral” rating on shares of ProSiebenSat.1 Media in a report on Tuesday, August 15th. J P Morgan Chase & Co set a €40.00 ($47.62) target price on ProSiebenSat.1 Media and gave the stock a “neutral” rating in a research note on Wednesday, August 16th. Finally, Nord/LB set a €42.00 ($50.00) target price on ProSiebenSat.1 Media and gave the stock a “buy” rating in a research note on Tuesday, August 22nd. Four investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and ten have given a buy rating to the company’s stock. ProSiebenSat.1 Media has an average rating of “Hold” and a consensus target price of €32.55 ($38.75).
Shares of ProSiebenSat.1 Media (ETR:PSM) traded up €0.15 ($0.18) during midday trading on Monday, hitting €26.90 ($32.02). The stock had a trading volume of 2,065,823 shares, compared to its average volume of 2,350,000. ProSiebenSat.1 Media has a 52 week low of €24.58 ($29.26) and a 52 week high of €41.77 ($49.73).
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ProSiebenSat.1 Media SE, together with its subsidiaries, operates as a media company in Europe. The company operates through Broadcasting German-speaking, Digital Entertainment, Digital Ventures & Commerce, and Content Production & Global Sales segments. The Broadcasting German-speaking segment operates 9 free TV stations, and 13 advertising or program windows in Germany, Austria, and Switzerland.
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