Prosiebensat 1 Media (PSM) PT Set at €24.00 by Berenberg Bank

Prosiebensat 1 Media (ETR:PSM) has been assigned a €24.00 ($27.91) price objective by equities research analysts at Berenberg Bank in a research report issued on Thursday. The firm presently has a “buy” rating on the stock. Berenberg Bank’s price target indicates a potential upside of 33.93% from the company’s current price.

Several other analysts also recently weighed in on PSM. Goldman Sachs Group set a €24.00 ($27.91) price objective on shares of Prosiebensat 1 Media and gave the stock a “neutral” rating in a research report on Friday, August 3rd. Barclays set a €33.00 ($38.37) price objective on shares of Prosiebensat 1 Media and gave the stock a “buy” rating in a research report on Friday, August 3rd. Oddo Bhf set a €28.00 ($32.56) price objective on shares of Prosiebensat 1 Media and gave the stock a “neutral” rating in a research report on Friday, November 9th. Cfra set a €24.00 ($27.91) price objective on shares of Prosiebensat 1 Media and gave the stock a “neutral” rating in a research report on Friday, August 3rd. Finally, HSBC set a €32.00 ($37.21) price objective on shares of Prosiebensat 1 Media and gave the stock a “buy” rating in a research report on Monday, August 6th. Three research analysts have rated the stock with a sell rating, twelve have issued a hold rating and seven have given a buy rating to the company’s stock. Prosiebensat 1 Media has a consensus rating of “Hold” and an average target price of €24.14 ($28.07).

Shares of ETR:PSM opened at €17.92 ($20.84) on Thursday. Prosiebensat 1 Media has a twelve month low of €24.58 ($28.58) and a twelve month 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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