Prosiebensat 1 Media (PSM) Given a €34.00 Price Target at Hauck & Aufhaeuser
Prosiebensat 1 Media (ETR:PSM) has been given a €34.00 ($40.48) target price by equities research analysts at Hauck & Aufhaeuser in a note issued to investors on Wednesday. The firm presently has a “buy” rating on the stock. Hauck & Aufhaeuser’s target price would suggest a potential upside of 17.57% from the stock’s previous close.
A number of other equities analysts have also recently commented on PSM. DZ Bank reaffirmed a “neutral” rating on shares of Prosiebensat 1 Media in a research note on Tuesday, August 15th. J P Morgan Chase & Co set a €40.00 ($47.62) price target on shares of Prosiebensat 1 Media and gave the stock a “neutral” rating in a research note on Wednesday, August 16th. Morgan Stanley set a €42.00 ($50.00) price target on shares of Prosiebensat 1 Media and gave the stock a “buy” rating in a research note on Thursday, August 17th. Nord/LB set a €42.00 ($50.00) price target on shares of Prosiebensat 1 Media and gave the stock a “buy” rating in a research note on Tuesday, August 22nd. Finally, Goldman Sachs Group set a €35.50 ($42.26) price target on shares of Prosiebensat 1 Media and gave the stock a “neutral” rating in a research note on Tuesday, August 29th. Four analysts have rated the stock with a sell rating, nine have issued a hold rating and eleven have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of €32.48 ($38.66).
Prosiebensat 1 Media (PSM) traded up €0.37 ($0.44) during mid-day trading on Wednesday, hitting €28.92 ($34.43). 1,428,555 shares of the company were exchanged, compared to its average volume of 2,730,000. Prosiebensat 1 Media has a 52-week low of €24.58 ($29.26) and a 52-week high of €41.77 ($49.73).
About Prosiebensat 1 Media
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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