ProSiebenSat.1 Media (ETR:PSM) has received a consensus recommendation of “Hold” from the twenty-seven ratings firms that are currently covering the company, MarketBeat.com reports. Six research analysts have rated the stock with a sell rating, eight have issued a hold rating and thirteen have given a buy rating to the company. The average 1-year price objective among analysts that have covered the stock in the last year is €32.73 ($40.41).
A number of research firms have issued reports on PSM. Nord/LB set a €30.00 ($37.04) price objective on ProSiebenSat.1 Media and gave the stock a “neutral” rating in a report on Monday. Barclays set a €37.00 ($45.68) price objective on ProSiebenSat.1 Media and gave the stock a “buy” rating in a report on Monday. Warburg Research set a €33.00 ($40.74) price objective on ProSiebenSat.1 Media and gave the stock a “neutral” rating in a report on Monday. JPMorgan Chase reiterated a “buy” rating on shares of ProSiebenSat.1 Media in a report on Thursday, March 15th. Finally, UBS set a €24.00 ($29.63) price objective on ProSiebenSat.1 Media and gave the stock a “sell” rating in a report on Monday, March 12th.
PSM stock traded up €0.29 ($0.36) on Thursday, reaching €28.99 ($35.79). The company’s stock had a trading volume of 1,000,726 shares, compared to its average volume of 2,250,000. ProSiebenSat.1 Media has a 12-month low of €24.58 ($30.35) and a 12-month high of €41.77 ($51.57).
About ProSiebenSat.1 Media
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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