Prosiebensat 1 Media SE (PSM) PT Set at €37.00 by Societe Generale
Prosiebensat 1 Media SE (ETR:PSM) received a €37.00 ($43.02) price target from equities research analysts at Societe Generale in a research note issued to investors on Friday. The firm presently has a “buy” rating on the stock. Societe Generale’s target price points to a potential upside of 48.27% from the stock’s current price.
A number of other brokerages have also commented on PSM. Macquarie set a €26.50 ($30.81) price target on Prosiebensat 1 Media SE and gave the stock a “sell” rating in a report on Wednesday, August 30th. Independent Research GmbH set a €32.00 ($37.21) price target on Prosiebensat 1 Media SE and gave the stock a “neutral” rating in a report on Tuesday, September 19th. Morgan Stanley set a €42.00 ($48.84) price target on Prosiebensat 1 Media SE and gave the stock a “buy” rating in a report on Thursday, August 17th. J P Morgan Chase & Co set a €40.00 ($46.51) price target on Prosiebensat 1 Media SE and gave the stock a “neutral” rating in a report on Friday, August 4th. Finally, Nord/LB set a €36.00 ($41.86) price target on Prosiebensat 1 Media SE and gave the stock a “buy” rating in a report on Tuesday, September 5th. Three investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and eight have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of €33.00 ($38.38).
Shares of Prosiebensat 1 Media SE (ETR:PSM) opened at €24.96 ($29.02) on Friday. Prosiebensat 1 Media SE has a fifty-two week low of €24.81 ($28.85) and a fifty-two week high of €41.77 ($48.57).
About Prosiebensat 1 Media SE
ProSiebenSat.1 Media SE, together with its subsidiaries, operates as a media company in Europe. The company operates through Broadcasting German-speaking, Digital Entertainment, Digital Ventures & Commerce, and Content Production & Global Sales segments. The Broadcasting German-speaking segment operates 9 free TV stations, and 13 advertising or program windows in Germany, Austria, and Switzerland.
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