Prosiebensat 1 Media (ETR:PSM) received a €45.00 ($55.56) target price from JPMorgan Chase & Co. in a note issued to investors on Wednesday. The brokerage currently has a “buy” rating on the stock. JPMorgan Chase & Co.’s target price would indicate a potential upside of 43.68% from the stock’s current price.
Other equities research analysts also recently issued research reports about the stock. Morgan Stanley set a €36.50 ($45.06) target price on shares of Prosiebensat 1 Media and gave the company a “buy” rating in a research note on Thursday, December 7th. Independent Research set a €29.00 ($35.80) target price on shares of Prosiebensat 1 Media and gave the company a “neutral” rating in a research note on Thursday, December 7th. Goldman Sachs Group set a €35.00 ($43.21) target price on shares of Prosiebensat 1 Media and gave the company a “neutral” rating in a research note on Tuesday, January 23rd. UBS Group set a €32.00 ($39.51) target price on shares of Prosiebensat 1 Media and gave the company a “neutral” rating in a research note on Thursday, November 9th. Finally, Kepler Capital Markets set a €41.00 ($50.62) price target on shares of Prosiebensat 1 Media and gave the company a “buy” rating in a report on Thursday, November 9th. Four analysts have rated the stock with a sell rating, nine have assigned a hold rating and twelve have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of €32.52 ($40.15).
Shares of Prosiebensat 1 Media (ETR:PSM) opened at €31.32 ($38.67) on Wednesday. Prosiebensat 1 Media has a 12 month low of €24.58 ($30.35) and a 12 month high of €41.77 ($51.57). The company has a market cap of $7,310.00 and a P/E ratio of 14.91.
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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.
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