Berenberg Bank Analysts Give Prosiebensat 1 Media SE (PSM) a €42.00 Price Target
A number of other equities analysts have also recently issued reports on PSM. DZ Bank AG reiterated a neutral rating on shares of Prosiebensat 1 Media SE in a report on Monday, May 29th. Societe Generale set a €44.00 ($52.38) target price on Prosiebensat 1 Media SE and gave the stock a buy rating in a report on Monday, May 29th. Morgan Stanley set a €44.00 ($52.38) target price on Prosiebensat 1 Media SE and gave the stock a buy rating in a report on Monday, May 29th. J P Morgan Chase & Co set a €42.00 ($50.00) target price on Prosiebensat 1 Media SE and gave the stock a neutral rating in a report on Monday, May 29th. Finally, Oddo Securities set a €40.00 ($47.62) target price on Prosiebensat 1 Media SE and gave the stock a neutral rating in a report on Monday, May 29th. Two research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and nine have issued a buy rating to the company. The stock currently has a consensus rating of Hold and an average target price of €34.96 ($41.61).
Shares of Prosiebensat 1 Media SE (ETR PSM) opened at 28.625 on Tuesday. The firm has a 50 day moving average price of €31.36 and a 200-day moving average price of €36.33. Prosiebensat 1 Media SE has a 12 month low of €27.32 and a 12 month high of €41.89. The firm has a market cap of €6.55 billion and a PE ratio of 15.275.
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About Prosiebensat 1 Media SE
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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