Prosiebensat 1 Media (ETR:PSM) has been assigned a €13.00 ($15.12) price objective by investment analysts at Warburg Research in a research note issued to investors on Thursday, Borsen Zeitung reports. The firm currently has a “neutral” rating on the stock. Warburg Research’s price target indicates a potential downside of 0.61% from the company’s previous close.
Other analysts also recently issued research reports about the company. Berenberg Bank set a €24.00 ($27.91) target price on Prosiebensat 1 Media and gave the company a “buy” rating in a research note on Monday, November 11th. Oddo Bhf set a €18.50 ($21.51) target price on Prosiebensat 1 Media and gave the company a “neutral” rating in a research note on Friday, September 20th. DZ Bank reaffirmed a “buy” rating on shares of Prosiebensat 1 Media in a research note on Friday, November 8th. Independent Research set a €11.80 ($13.72) target price on Prosiebensat 1 Media and gave the company a “sell” rating in a research note on Friday, November 8th. Finally, Barclays set a €14.00 ($16.28) target price on Prosiebensat 1 Media and gave the company a “neutral” rating in a research note on Thursday, November 7th. Three research analysts have rated the stock with a sell rating, seven have given a hold rating and seven have assigned a buy rating to the company. Prosiebensat 1 Media has an average rating of “Hold” and a consensus price target of €16.34 ($19.00).
Shares of ETR PSM opened at €13.08 ($15.21) on Thursday. The stock’s 50 day simple moving average is €13.06 and its 200 day simple moving average is €13.35. The company has a current ratio of 1.20, a quick ratio of 1.01 and a debt-to-equity ratio of 311.48. The company has a market cap of $2.96 billion and a price-to-earnings ratio of 9.86. Prosiebensat 1 Media has a 12-month low of €10.66 ($12.40) and a 12-month high of €18.46 ($21.47).
Prosiebensat 1 Media Company Profile
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.
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