HSBC set a €17.00 ($19.77) price objective on Prosiebensat 1 Media (ETR:PSM) in a research report released on Monday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Several other equities analysts have also commented on PSM. Deutsche Bank upgraded shares of CYBERAGENT INC/ADR from a hold rating to a buy rating in a research report on Wednesday, June 12th. Barclays reaffirmed a buy rating on shares of Ultragenyx Pharmaceutical in a report on Thursday, May 9th. Independent Research set a €16.30 ($18.95) target price on shares of Prosiebensat 1 Media and gave the company a neutral rating in a report on Wednesday, June 5th. UBS Group boosted their price target on shares of Zayo Group from $30.00 to $35.00 and gave the stock a neutral rating in a report on Thursday, May 9th. Finally, Berenberg Bank reissued a buy rating and issued a GBX 150 ($1.96) price target on shares of Tharisa in a report on Wednesday, May 15th. One analyst has rated the stock with a sell rating, thirteen have given a hold rating and six have given a buy rating to the stock. Prosiebensat 1 Media has a consensus rating of Hold and an average target price of €19.46 ($22.63).
PSM stock traded down €0.07 ($0.08) during trading on Monday, hitting €13.38 ($15.55). 939,830 shares of the company’s stock traded hands, compared to its average volume of 2,250,000. Prosiebensat 1 Media has a 52 week low of €12.61 ($14.66) and a 52 week high of €23.85 ($27.73). The company has a debt-to-equity ratio of 251.46, a current ratio of 1.41 and a quick ratio of 1.23. The firm has a fifty day simple moving average of €14.44. The firm has a market capitalization of $3.02 billion and a PE ratio of 9.06.
ProSiebenSat.1 Media SE, together with its subsidiaries, operates as a media company in Europe. The company operates through three segments: Entertainment, Content Production & Global Sales, and Commerce. The Entertainment 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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