DZ Bank Reiterates Buy Rating for Prosiebensat 1 Media (ETR:PSM)

Prosiebensat 1 Media (ETR:PSM)‘s stock had its “buy” rating reissued by equities research analysts at DZ Bank in a research note issued to investors on Friday, Borsen Zeitung reports.

A number of other research analysts also recently commented on PSM. Oddo Bhf set a €18.50 ($21.51) price objective on Prosiebensat 1 Media and gave the company a “neutral” rating in a report on Friday, September 20th. Goldman Sachs Group set a €14.00 ($16.28) price objective on Prosiebensat 1 Media and gave the company a “neutral” rating in a report on Thursday. Barclays set a €14.00 ($16.28) price objective on Prosiebensat 1 Media and gave the company a “neutral” rating in a report on Thursday. Berenberg Bank set a €24.00 ($27.91) price objective on Prosiebensat 1 Media and gave the company a “buy” rating in a report on Thursday, October 24th. Finally, Independent Research set a €11.80 ($13.72) price objective on Prosiebensat 1 Media and gave the company a “sell” rating in a report on Friday. Three equities research analysts have rated the stock with a sell rating, eight have given a hold rating and eight have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of €17.01 ($19.77).

Shares of PSM traded down €0.22 ($0.26) during mid-day trading on Friday, reaching €13.41 ($15.59). The company’s stock had a trading volume of 2,531,925 shares, compared to its average volume of 2,250,000. Prosiebensat 1 Media has a 12-month low of €10.66 ($12.40) and a 12-month high of €18.46 ($21.47). The stock has a market cap of $3.03 billion and a PE ratio of 10.10. The company has a debt-to-equity ratio of 311.48, a current ratio of 1.20 and a quick ratio of 1.01. The company’s 50 day moving average is €13.05 and its 200 day moving average is €13.39.

Prosiebensat 1 Media Company Profile

ProSiebenSat.1 Media SE, together with its subsidiaries, operates as a media company in Europe. The company operates through three segments: Entertainment, Content Production & Global Sales, and Commerce. The Entertainment segment operates free TV stations, such as SAT.1, ProSieben, kabel eins, sixx, SAT.1 Gold, ProSieben MAXX, and kabel eins Doku, as well as distributes ProSiebenSat.1 HD stations.

Read More: Limitations of analyzing profit margin

Analyst Recommendations for Prosiebensat 1 Media (ETR:PSM)

Receive News & Ratings for Prosiebensat 1 Media Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Prosiebensat 1 Media and related companies with MarketBeat.com's FREE daily email newsletter.



Leave a Reply