Bank of America Corporation set a €30.50 ($36.31) target price on Prosiebensat 1 Media SE (ETR:PSM) in a research note issued to investors on Monday morning. The brokerage currently has a neutral rating on the stock.

PSM has been the topic of a number of other reports. DZ Bank AG restated a neutral rating on shares of Prosiebensat 1 Media SE in a report on Tuesday, August 29th. Nord/LB set a €46.00 ($54.76) price target on shares of Prosiebensat 1 Media SE and gave the stock a buy rating in a report on Monday, May 29th. UBS AG set a €32.00 ($38.10) price target on shares of Prosiebensat 1 Media SE and gave the stock a neutral rating in a report on Wednesday, August 30th. Goldman Sachs Group, Inc. (The) set a €35.50 ($42.26) price target on shares of Prosiebensat 1 Media SE and gave the stock a neutral rating in a report on Tuesday, August 29th. Finally, Commerzbank Ag set a €33.00 ($39.29) price target on shares of Prosiebensat 1 Media SE and gave the stock a neutral rating in a report on Tuesday, August 29th. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and nine have given a buy rating to the company. The company presently has an average rating of Hold and an average price target of €35.27 ($41.99).

Shares of Prosiebensat 1 Media SE (ETR PSM) opened at 27.983 on Monday. Prosiebensat 1 Media SE has a 52-week low of €27.32 and a 52-week high of €41.89. The stock has a 50 day moving average of €31.88 and a 200 day moving average of €36.62. The stock has a market capitalization of €6.40 billion and a PE ratio of 14.932.

WARNING: “Bank of America Corporation Reiterates €30.50 Price Target for Prosiebensat 1 Media SE (PSM)” was first reported by Daily Political and is the sole property of of Daily Political. If you are viewing this news story on another site, it was illegally copied and reposted in violation of United States & international copyright legislation. The correct version of this news story can be viewed at https://www.dailypolitical.com/2017/09/13/bank-of-america-corporation-reiterates-30-50-price-target-for-prosiebensat-1-media-se-psm.html.

Prosiebensat 1 Media SE 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.

Analyst Recommendations for Prosiebensat 1 Media SE (ETR:PSM)

Receive News & Ratings for Prosiebensat 1 Media SE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Prosiebensat 1 Media SE and related companies with MarketBeat.com's FREE daily email newsletter.