HSBC set a €17.00 ($19.77) price target on Prosiebensat 1 Media (ETR:PSM) in a research report report published on Monday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Several other analysts have also recently issued reports on PSM. Independent Research set a €16.30 ($18.95) target price on Prosiebensat 1 Media and gave the stock a neutral rating in a research note on Wednesday, June 5th. Nord/LB set a €225.00 ($261.63) price objective on shares of Wirecard and gave the stock a buy rating in a report on Friday, May 10th. Deutsche Bank upgraded shares of CYBERAGENT INC/ADR from a hold rating to a buy rating in a report on Wednesday, June 12th. UBS Group raised their price objective on shares of Zayo Group from $30.00 to $35.00 and gave the stock a neutral rating in a report on Thursday, May 9th. Finally, Kepler Capital Markets set a €112.00 ($130.23) price objective on shares of LEG Immobilien and gave the stock a buy rating in a report on Thursday, May 9th. One 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 presently has an average rating of Hold and an average price target of €19.46 ($22.63).
ETR PSM opened at €13.36 ($15.53) on Monday. The company has a quick ratio of 1.23, a current ratio of 1.41 and a debt-to-equity ratio of 251.46. The company has a market capitalization of $3.02 billion and a PE ratio of 9.05. Prosiebensat 1 Media has a 1 year low of €12.61 ($14.66) and a 1 year high of €23.85 ($27.73). The business has a 50-day simple moving average of €14.40.
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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