Prosiebensat 1 Media (ETR:PSM) has been given a €18.50 ($21.51) target price by investment analysts at Oddo Bhf in a research note issued on Friday, September 20th, Borsen Zeitung reports. The firm currently has a “neutral” rating on the stock. Oddo Bhf’s price objective would indicate a potential upside of 48.12% from the stock’s current price.
A number of other brokerages also recently issued reports on PSM. Barclays set a €18.50 ($21.51) price target on Prosiebensat 1 Media and gave the stock a “neutral” rating in a research report on Wednesday, August 7th. DZ Bank reiterated a “buy” rating on shares of Prosiebensat 1 Media in a research report on Thursday, August 8th. Nord/LB set a €12.50 ($14.53) target price on Prosiebensat 1 Media and gave the company a “neutral” rating in a research report on Tuesday, August 27th. Independent Research set a €12.50 ($14.53) target price on Prosiebensat 1 Media and gave the company a “neutral” rating in a research report on Thursday, August 8th. Finally, Goldman Sachs Group set a €14.80 ($17.21) price target on Prosiebensat 1 Media and gave the company a “neutral” rating in a report on Wednesday, August 14th. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and eight have issued a buy rating to the company’s stock. Prosiebensat 1 Media has an average rating of “Hold” and an average target price of €17.93 ($20.84).
Shares of PSM traded down €0.12 ($0.14) during mid-day trading on Friday, reaching €12.49 ($14.52). The company had a trading volume of 2,233,658 shares, compared to its average volume of 2,250,000. The stock has a market capitalization of $2.82 billion and a P/E ratio of 9.41. The stock has a 50 day moving average of €12.49 and a two-hundred day moving average of €13.46. The company has a quick ratio of 1.01, a current ratio of 1.20 and a debt-to-equity ratio of 311.48. Prosiebensat 1 Media has a 52-week low of €10.66 ($12.40) and a 52-week high of €21.92 ($25.49).
About Prosiebensat 1 Media
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.
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