HSBC set a €16.50 ($19.19) price objective on Prosiebensat 1 Media (ETR:PSM) in a research note published on Tuesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Several other research firms have also issued reports on PSM. Warburg Research set a €13.00 ($15.12) price objective on shares of Prosiebensat 1 Media and gave the company a neutral rating in a research note on Thursday, August 8th. Goldman Sachs Group set a €14.80 ($17.21) target price on shares of Prosiebensat 1 Media and gave the stock a neutral rating in a research report on Tuesday, September 24th. UBS Group set a €18.20 ($21.16) target price on shares of Prosiebensat 1 Media and gave the stock a buy rating in a research report on Friday, October 18th. JPMorgan Chase & Co. set a €30.00 ($34.88) target price on shares of Prosiebensat 1 Media and gave the stock a buy rating in a research report on Friday, October 11th. Finally, Macquarie set a €18.00 ($20.93) target price on shares of Prosiebensat 1 Media and gave the stock a buy rating in a research report on Tuesday, June 25th. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and eight have issued a buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus target price of €17.90 ($20.81).
PSM stock opened at €13.93 ($16.20) on Tuesday. The company has a current ratio of 1.20, a quick ratio of 1.01 and a debt-to-equity ratio of 311.48. Prosiebensat 1 Media has a 1 year low of €10.66 ($12.40) and a 1 year high of €21.41 ($24.90). The company has a fifty day simple moving average of €12.91 and a 200 day simple moving average of €13.42. The firm has a market cap of $3.15 billion and a PE ratio of 10.50.
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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