Warburg Research set a €33.00 ($40.74) price target on ProSiebenSat.1 Media (ETR:PSM) in a research note issued to investors on Monday morning. The brokerage currently has a neutral rating on the stock.
Several other analysts also recently issued reports on the stock. Barclays set a €37.00 ($45.68) target price on shares of ProSiebenSat.1 Media and gave the company a buy rating in a research note on Friday, March 23rd. JPMorgan Chase reissued a buy rating on shares of ProSiebenSat.1 Media in a research note on Thursday, March 15th. UBS set a €24.00 ($29.63) target price on shares of ProSiebenSat.1 Media and gave the company a sell rating in a research note on Monday, March 12th. Hauck & Aufhaeuser set a €37.00 ($45.68) target price on shares of ProSiebenSat.1 Media and gave the company a buy rating in a research note on Thursday, March 8th. Finally, Deutsche Bank set a €39.00 ($48.15) price target on shares of ProSiebenSat.1 Media and gave the stock a buy rating in a research note on Tuesday, March 6th. Six research analysts have rated the stock with a sell rating, eight have issued a hold rating and thirteen have issued a buy rating to the company. The company currently has an average rating of Hold and an average price target of €33.10 ($40.86).
Shares of ETR:PSM opened at €28.88 ($35.65) on Monday. ProSiebenSat.1 Media has a 12-month low of €24.58 ($30.35) and a 12-month high of €41.77 ($51.57).
ProSiebenSat.1 Media Company Profile
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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