Prosiebensat 1 Media (ETR:PSM) Given a €35.00 Price Target by HSBC Analysts

Prosiebensat 1 Media (ETR:PSM) has been given a €35.00 ($41.67) price target by equities researchers at HSBC in a report issued on Wednesday, January 10th. The brokerage presently has a “buy” rating on the stock. HSBC’s price objective would suggest a potential upside of 18.93% from the stock’s previous close.

Other research analysts have also recently issued reports about the stock. Berenberg Bank set a €42.00 ($50.00) price objective on shares of Prosiebensat 1 Media and gave the company a “buy” rating in a report on Tuesday, September 19th. Kepler Capital Markets set a €41.00 ($48.81) price objective on shares of Prosiebensat 1 Media and gave the company a “buy” rating in a report on Tuesday, September 12th. Citigroup set a €30.00 ($35.71) price objective on shares of Prosiebensat 1 Media and gave the company a “neutral” rating in a report on Monday, September 18th. BNP Paribas set a €29.00 ($34.52) price objective on shares of Prosiebensat 1 Media and gave the company a “neutral” rating in a report on Tuesday, September 12th. Finally, UBS Group set a €32.00 ($38.10) price objective on shares of Prosiebensat 1 Media and gave the company a “neutral” rating in a report on Tuesday, October 17th. Four research analysts have rated the stock with a sell rating, nine have issued a hold rating and twelve have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of €32.58 ($38.79).

Prosiebensat 1 Media (PSM) traded down €0.54 ($0.64) during midday trading on Wednesday, hitting €29.58 ($35.21). 1,278,235 shares of the company traded hands, compared to its average volume of 1,660,000. Prosiebensat 1 Media has a twelve month low of €24.58 ($29.26) and a twelve month high of €41.77 ($49.73). The firm has a market cap of $6,860.00 and a price-to-earnings ratio of 14.09.

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About Prosiebensat 1 Media

ProSiebenSat.1 Media SE, together with its subsidiaries, operates as a media company in Europe. The company operates through Broadcasting German-speaking, Digital Entertainment, Digital Ventures & Commerce, and Content Production & Global Sales segments. The Broadcasting German-speaking segment operates 9 free TV stations, and 13 advertising or program windows in Germany, Austria, and Switzerland.

Analyst Recommendations for Prosiebensat 1 Media (ETR:PSM)

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