Prosiebensat 1 Media (PSM) Given a €20.00 Price Target at HSBC

HSBC set a €20.00 ($23.26) price objective on Prosiebensat 1 Media (ETR:PSM) in a research note released on Friday morning. The brokerage currently has a neutral rating on the stock.

Several other equities analysts also recently weighed in on PSM. Barclays set a €35.00 ($40.70) price target on shares of Prosiebensat 1 Media and gave the company a buy rating in a report on Friday, July 20th. Kepler Capital Markets set a €33.50 ($38.95) price target on shares of Prosiebensat 1 Media and gave the company a neutral rating in a report on Tuesday. Goldman Sachs Group set a €24.00 ($27.91) price target on shares of Prosiebensat 1 Media and gave the company a neutral rating in a report on Friday, August 3rd. Cfra set a €24.00 ($27.91) price target on shares of Prosiebensat 1 Media and gave the company a neutral rating in a report on Friday, August 3rd. Finally, Credit Suisse Group set a €24.00 ($27.91) price target on shares of Prosiebensat 1 Media and gave the company a sell rating in a report on Friday, August 3rd. Four equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and eight have assigned a buy rating to the stock. Prosiebensat 1 Media currently has an average rating of Hold and a consensus target price of €26.09 ($30.34).

ETR:PSM traded down €0.78 ($0.91) during trading hours on Friday, hitting €16.97 ($19.73). 6,437,775 shares of the stock traded hands, compared to its average volume of 2,250,000. Prosiebensat 1 Media has a 1 year low of €24.58 ($28.58) and a 1 year high of €41.77 ($48.57).

About Prosiebensat 1 Media

ProSiebenSat.1 Media SE, together with its subsidiaries, operates as a media company in Europe. The company operates through four segments: Broadcasting German-speaking, Digital Entertainment, Digital Ventures & Commerce, and Content Production & Global Sales. The Broadcasting German-speaking 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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Analyst Recommendations for Prosiebensat 1 Media (ETR:PSM)

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