Prosiebensat 1 Media SE (PSM) Given Consensus Recommendation of “Hold” by Brokerages
Prosiebensat 1 Media SE (ETR:PSM) has received a consensus rating of “Hold” from the twenty-one ratings firms that are currently covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a sell recommendation, fourteen have given a hold recommendation and five have given a buy recommendation to the company. The average 12-month price objective among brokers that have covered the stock in the last year is €20.66 ($24.02).
PSM has been the subject of several research analyst reports. Morgan Stanley set a €11.20 ($13.02) target price on Prosiebensat 1 Media and gave the company a “sell” rating in a research note on Friday, January 4th. DZ Bank reiterated a “neutral” rating on shares of Prosiebensat 1 Media in a research note on Friday, March 8th. Nord/LB set a €15.00 ($17.44) target price on Prosiebensat 1 Media and gave the company a “neutral” rating in a research note on Monday, March 11th. UBS Group set a €16.00 ($18.60) target price on Prosiebensat 1 Media and gave the company a “neutral” rating in a research note on Wednesday, February 6th. Finally, Bank of America set a €14.00 ($16.28) target price on Prosiebensat 1 Media and gave the company a “sell” rating in a research note on Thursday, January 17th.
Prosiebensat 1 Media stock opened at €13.13 ($15.27) on Thursday. The company has a market cap of $2.97 billion and a PE ratio of 12.39. The company has a debt-to-equity ratio of 313.19, a current ratio of 1.40 and a quick ratio of 1.20. Prosiebensat 1 Media has a 52 week low of €13.09 ($15.22) and a 52 week 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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