Goldman Sachs Group Analysts Give ProSiebenSat.1 Media (PSM) a €32.50 Price Target
ProSiebenSat.1 Media (ETR:PSM) received a €32.50 ($38.69) price target from analysts at Goldman Sachs Group in a note issued to investors on Thursday. The brokerage currently has a “neutral” rating on the stock. Goldman Sachs Group’s target price would indicate a potential upside of 15.35% from the company’s current price.
PSM has been the subject of several other research reports. UBS set a €32.00 ($38.10) price objective on shares of ProSiebenSat.1 Media and gave the company a “neutral” rating in a research note on Monday, October 2nd. DZ Bank restated a “neutral” rating on shares of ProSiebenSat.1 Media in a research note on Tuesday, August 29th. Commerzbank set a €33.00 ($39.29) price objective on shares of ProSiebenSat.1 Media and gave the company a “neutral” rating in a research note on Tuesday, August 29th. Macquarie set a €26.50 ($31.55) price objective on shares of ProSiebenSat.1 Media and gave the company a “sell” rating in a research note on Wednesday, August 30th. Finally, Deutsche Bank set a €36.00 ($42.86) price objective on shares of ProSiebenSat.1 Media and gave the company a “neutral” rating in a research note on Monday, September 4th. Four research analysts have rated the stock with a sell rating, ten have issued a hold rating and ten have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of €32.48 ($38.66).
ProSiebenSat.1 Media (ETR PSM) opened at €28.18 ($33.54) on Thursday. ProSiebenSat.1 Media has a 12 month low of €24.58 ($29.26) and a 12 month 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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