Prosiebensat 1 Media SE (PSM) Given Average Recommendation of “Hold” by Brokerages

Prosiebensat 1 Media SE (ETR:PSM) has earned a consensus recommendation of “Hold” from the twenty-two research firms that are currently covering the firm, MarketBeat reports. Three research analysts have rated the stock with a sell recommendation, twelve have issued a hold recommendation and seven have assigned a buy recommendation to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is €24.14 ($28.07).

A number of analysts have issued reports on the company. Hauck & Aufhaeuser set a €32.00 ($37.21) target price on Prosiebensat 1 Media and gave the company a “buy” rating in a report on Monday, July 30th. Credit Suisse Group set a €21.00 ($24.42) target price on Prosiebensat 1 Media and gave the company a “sell” rating in a report on Thursday, August 9th. Nord/LB set a €28.00 ($32.56) target price on Prosiebensat 1 Media and gave the company a “buy” rating in a report on Friday, August 3rd. Goldman Sachs Group set a €24.00 ($27.91) target price on Prosiebensat 1 Media and gave the company a “neutral” rating in a report on Friday, August 3rd. Finally, Cfra set a €24.00 ($27.91) target price on Prosiebensat 1 Media and gave the company a “neutral” rating in a report on Friday, August 3rd.

Shares of ETR PSM opened at €17.61 ($20.47) on Friday. Prosiebensat 1 Media has a 52 week low of €24.58 ($28.58) and a 52 week 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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