Independent Research set a €19.00 ($22.09) price objective on Prosiebensat 1 Media (ETR:PSM) in a research note published on Friday morning. The brokerage currently has a neutral rating on the stock.

PSM has been the topic of a number of other research reports. Kepler Capital Markets set a €33.50 ($38.95) price objective on shares of Prosiebensat 1 Media and gave the stock a neutral rating in a research note on Tuesday. Credit Suisse Group set a €16.60 ($19.30) price objective on shares of Prosiebensat 1 Media and gave the stock a sell rating in a research note on Thursday. Hauck & Aufhaeuser set a €32.00 ($37.21) price objective on shares of Prosiebensat 1 Media and gave the stock a buy rating in a research note on Friday, August 31st. Barclays set a €29.00 ($33.72) price objective on shares of Prosiebensat 1 Media and gave the stock a buy rating in a research note on Thursday. Finally, UBS Group set a €22.60 ($26.28) price objective on shares of Prosiebensat 1 Media and gave the stock a neutral rating in a research note on Wednesday, September 19th. Four analysts have rated the stock with a sell rating, ten have assigned a hold rating and eight have assigned a buy rating to the stock. Prosiebensat 1 Media has an average rating of Hold and an average price target of €26.09 ($30.34).

Shares of ETR PSM traded down €0.78 ($0.91) during midday trading on Friday, reaching €16.97 ($19.73). 6,437,775 shares of the stock were exchanged, compared to its average volume of 2,250,000. Prosiebensat 1 Media has a twelve month low of €24.58 ($28.58) and a twelve month high of €41.77 ($48.57).

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.

Read More: How Do You Calculate Return on Investment (ROI)?

Analyst Recommendations for Prosiebensat 1 Media (ETR:PSM)

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