Prosiebensat 1 Media (PSM) Given a €18.00 Price Target by Macquarie Analysts
Prosiebensat 1 Media (ETR:PSM) has been given a €18.00 ($20.93) price objective by research analysts at Macquarie in a report issued on Tuesday, Borsen Zeitung reports. The brokerage currently has a “buy” rating on the stock. Macquarie’s price target indicates a potential upside of 28.21% from the company’s current price.
Several other equities analysts have also commented on PSM. HSBC set a €18.00 ($20.93) price target on Prosiebensat 1 Media and gave the stock a “buy” rating in a research report on Tuesday, April 2nd. Warburg Research set a €17.40 ($20.23) price target on Prosiebensat 1 Media and gave the stock a “neutral” rating in a research report on Tuesday, March 12th. Kepler Capital Markets set a €20.00 ($23.26) price objective on Prosiebensat 1 Media and gave the stock a “neutral” rating in a report on Wednesday, February 27th. Deutsche Bank set a €18.50 ($21.51) price objective on Prosiebensat 1 Media and gave the stock a “neutral” rating in a report on Friday, March 8th. Finally, Barclays set a €18.50 ($21.51) price objective on Prosiebensat 1 Media and gave the stock a “neutral” rating in a report on Thursday, March 7th. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and seven have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of €20.71 ($24.08).
Prosiebensat 1 Media stock opened at €14.04 ($16.33) on Tuesday. The company has a market cap of $3.17 billion and a P/E ratio of 13.25. The company has a current ratio of 1.40, a quick ratio of 1.20 and a debt-to-equity ratio of 313.19. Prosiebensat 1 Media has a one year low of €12.61 ($14.66) and a one year high of €31.10 ($36.16).
ProSiebenSat.1 Media SE, together with its subsidiaries, operates as a media company in Europe. The company operates through four segments: Broadcasting German-speaking, Digital Entertainment, Digital Ventures & Commerce, and Content Production & Global Sales. The Broadcasting German-speaking 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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