ProSiebenSat.1 Media (PSM) Earns “Neutral” Rating from Citigroup
ProSiebenSat.1 Media (ETR:PSM)‘s stock had its “neutral” rating reiterated by Citigroup in a research report issued on Friday.
Several other equities analysts have also weighed in on the stock. Morgan Stanley set a €36.50 ($43.45) target price on shares of ProSiebenSat.1 Media and gave the company a “buy” rating in a report on Monday, October 23rd. set a €35.00 ($41.67) price target on ProSiebenSat.1 Media and gave the company a “buy” rating in a report on Wednesday, August 30th. Barclays set a €40.00 ($47.62) price target on ProSiebenSat.1 Media and gave the company a “buy” rating in a report on Friday, October 27th. Jefferies Group set a €34.00 ($40.48) price target on ProSiebenSat.1 Media and gave the stock a “buy” rating in a research report on Thursday, November 9th. Finally, Societe Generale set a €40.00 ($47.62) price target on ProSiebenSat.1 Media and gave the company a “buy” rating in a research note on Tuesday, August 29th. Three equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and ten have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of €32.72 ($38.95).
ProSiebenSat.1 Media (ETR PSM) opened at €26.56 ($31.62) on Friday. ProSiebenSat.1 Media has a fifty-two week low of €24.58 ($29.26) and a fifty-two week high of €41.77 ($49.73).
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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