Prosiebensat 1 Media (PSM) Given a €38.00 Price Target by Barclays Analysts

Prosiebensat 1 Media (ETR:PSM) has been assigned a €38.00 ($45.24) price objective by analysts at Barclays in a research note issued on Monday. The firm presently has a “buy” rating on the stock. Barclays’ target price points to a potential upside of 26.46% from the stock’s current price.

Several other brokerages also recently commented on PSM. Morgan Stanley set a €36.50 ($43.45) target price on Prosiebensat 1 Media and gave the company a “buy” rating in a report on Monday, October 23rd. Commerzbank set a €35.00 ($41.67) target price on Prosiebensat 1 Media and gave the company a “neutral” rating in a report on Tuesday, October 24th. DZ Bank reiterated a “neutral” rating on shares of Prosiebensat 1 Media in a report on Thursday, November 9th. Independent Research set a €29.00 ($34.52) target price on Prosiebensat 1 Media and gave the company a “neutral” rating in a report on Friday, November 10th. Finally, Kepler Capital Markets set a €41.00 ($48.81) target price on Prosiebensat 1 Media and gave the company a “buy” rating in a report on Thursday, November 9th. Four analysts have rated the stock with a sell rating, nine have assigned a hold rating and twelve have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of €32.56 ($38.76).

Shares of Prosiebensat 1 Media (ETR PSM) opened at €30.05 ($35.77) on Monday. The company has a market capitalization of $6,950.00 and a PE ratio of 14.31. Prosiebensat 1 Media has a twelve month low of €24.58 ($29.26) and a twelve month high of €41.77 ($49.73).

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Prosiebensat 1 Media Company Profile

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.

Analyst Recommendations for Prosiebensat 1 Media (ETR:PSM)

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