Prosiebensat 1 Media (PSM) Given a €23.00 Price Target at Nord/LB

Prosiebensat 1 Media (ETR:PSM) has been assigned a €23.00 ($28.40) price target by analysts at Nord/LB in a note issued to investors on Wednesday. The brokerage presently has a “sell” rating on the stock. Nord/LB’s target price indicates a potential downside of 25.15% from the stock’s previous close.

A number of other brokerages also recently commented on PSM. UBS Group set a €26.00 ($32.10) target price on shares of Prosiebensat 1 Media and gave the stock a “neutral” rating in a research note on Tuesday, January 23rd. Goldman Sachs Group set a €35.00 ($43.21) target price on shares of Prosiebensat 1 Media and gave the stock a “neutral” rating in a research note on Tuesday, January 23rd. Deutsche Bank set a €30.00 ($37.04) target price on shares of Prosiebensat 1 Media and gave the stock a “neutral” rating in a research note on Monday, January 15th. Barclays set a €38.00 ($46.91) target price on shares of Prosiebensat 1 Media and gave the stock a “buy” rating in a research note on Monday. Finally, Oddo Bhf set a €22.00 ($27.16) target price on shares of Prosiebensat 1 Media and gave the stock a “sell” rating in a research note on Friday, December 8th. Four equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and thirteen have given a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of €32.90 ($40.61).

Shares of Prosiebensat 1 Media (PSM) traded up €1.19 ($1.47) during mid-day trading on Wednesday, reaching €30.73 ($37.94). 2,326,687 shares of the company’s stock were exchanged, compared to its average volume of 1,330,000. Prosiebensat 1 Media has a one year low of €24.58 ($30.35) and a one year high of €41.77 ($51.57). The stock has a market capitalization of $7,160.00 and a P/E ratio of 14.63.

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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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