Bank of America set a €16.00 ($18.60) target price on Prosiebensat 1 Media (ETR:PSM) in a research note issued to investors on Monday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
PSM has been the topic of several other reports. Nord/LB set a €225.00 ($261.63) price target on shares of Wirecard and gave the company a buy rating in a report on Friday, May 10th. Goldman Sachs Group downgraded shares of SUMCO CORP/ADR from a buy rating to a neutral rating in a report on Monday, June 10th. Barclays reiterated a buy rating on shares of Ultragenyx Pharmaceutical in a report on Thursday, May 9th. DZ Bank reiterated a buy rating on shares of Talanx in a report on Thursday, May 9th. Finally, Berenberg Bank reiterated a buy rating and set a GBX 150 ($1.96) price target on shares of Tharisa in a report on Wednesday, May 15th. One research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and six have issued a buy rating to the stock. The stock has a consensus rating of Hold and a consensus target price of €19.46 ($22.63).
Shares of ETR:PSM opened at €13.36 ($15.53) on Monday. The company has a market cap of $3.02 billion and a P/E ratio of 9.05. Prosiebensat 1 Media has a 12 month low of €12.61 ($14.66) and a 12 month high of €23.85 ($27.73). The firm’s 50-day moving average price is €14.40. The company has a debt-to-equity ratio of 251.46, a current ratio of 1.41 and a quick ratio of 1.23.
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.
See Also: Leveraged Buyout (LBO)
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