Prosiebensat 1 Media (ETR:PSM) has been given a €24.00 ($29.63) target price by investment analysts at UBS Group in a note issued to investors on Monday, www.boersen-zeitung.de reports. The brokerage currently has a “sell” rating on the stock. UBS Group’s price target would suggest a potential downside of 15.13% from the stock’s previous close.
PSM has been the subject of a number of other research reports. Morgan Stanley set a €36.50 ($45.06) price objective on shares of Prosiebensat 1 Media and gave the company a “buy” rating in a research report on Thursday, December 7th. Nord/LB set a €23.00 ($28.40) price objective on shares of Prosiebensat 1 Media and gave the company a “sell” rating in a research report on Wednesday, January 31st. JPMorgan Chase & Co. set a €45.00 ($55.56) price objective on shares of Prosiebensat 1 Media and gave the company a “buy” rating in a research report on Wednesday, February 21st. Goldman Sachs Group set a €35.00 ($43.21) price objective on shares of Prosiebensat 1 Media and gave the company a “neutral” rating in a research report on Thursday, February 22nd. Finally, Independent Research set a €34.00 ($41.98) target price on shares of Prosiebensat 1 Media and gave the stock a “neutral” rating in a research note on Monday, February 26th. Six analysts have rated the stock with a sell rating, eight have assigned a hold rating and thirteen have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of €33.25 ($41.05).
Prosiebensat 1 Media (ETR PSM) traded down €0.59 ($0.73) on Monday, hitting €28.28 ($34.91). 2,280,000 shares of the company were exchanged, compared to its average volume of 2,170,000. Prosiebensat 1 Media has a 1-year low of €24.58 ($30.35) and a 1-year high of €41.77 ($51.57). The company has a market cap of $6,590.00 and a PE ratio of 13.47.
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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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