ProSiebenSat.1 Media (PSM) Given a €32.50 Price Target at Goldman Sachs Group

ProSiebenSat.1 Media (ETR:PSM) has been given a €32.50 ($38.69) target price by Goldman Sachs Group in a research note issued on Thursday. The firm presently has a “neutral” rating on the stock. Goldman Sachs Group’s price target indicates a potential upside of 15.99% from the company’s current price.

A number of other equities research analysts have also commented on PSM. J P Morgan Chase & Co set a €45.00 ($53.57) price target on ProSiebenSat.1 Media and gave the stock a “buy” rating in a research report on Wednesday. Hauck & Aufhaeuser set a €45.00 ($53.57) price target on ProSiebenSat.1 Media and gave the stock a “buy” rating in a research report on Thursday, August 10th. Morgan Stanley set a €42.00 ($50.00) price target on ProSiebenSat.1 Media and gave the stock a “buy” rating in a research report on Thursday, August 10th. Citigroup restated a “neutral” rating on shares of ProSiebenSat.1 Media in a research report on Friday, December 1st. Finally, BNP Paribas set a €25.00 ($29.76) price target on ProSiebenSat.1 Media and gave the stock a “sell” rating in a research report on Monday. Four equities research analysts have rated the stock with a sell rating, ten have given a hold rating and ten have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of €32.48 ($38.66).

Shares of ProSiebenSat.1 Media (ETR:PSM) opened at €28.02 ($33.36) on Thursday. ProSiebenSat.1 Media has a 12-month low of €24.58 ($29.26) and a 12-month high of €41.77 ($49.73).

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ProSiebenSat.1 Media Company Profile

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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