JPMorgan Chase & Co. Reiterates “€30.00” Price Target for Prosiebensat 1 Media (ETR:PSM)

JPMorgan Chase & Co. set a €30.00 ($34.88) target price on Prosiebensat 1 Media (ETR:PSM) in a research note issued to investors on Wednesday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

A number of other equities research analysts have also commented on PSM. Credit Suisse Group set a €11.90 ($13.84) target price on Prosiebensat 1 Media and gave the company a sell rating in a research report on Monday, July 29th. UBS Group set a €16.00 ($18.60) target price on Prosiebensat 1 Media and gave the company a neutral rating in a research report on Monday, July 22nd. Warburg Research set a €15.00 ($17.44) target price on Prosiebensat 1 Media and gave the company a neutral rating in a research report on Monday, July 15th. HSBC set a €17.00 ($19.77) target price on Prosiebensat 1 Media and gave the company a buy rating in a research report on Monday, July 8th. Finally, Nord/LB set a €15.00 ($17.44) target price on Prosiebensat 1 Media and gave the company a neutral rating in a research report on Friday, May 10th. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and seven have issued a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and an average price target of €19.21 ($22.34).

Shares of ETR PSM opened at €11.77 ($13.68) on Wednesday. The firm has a 50 day moving average price of €13.27. The stock has a market capitalization of $2.66 billion and a price-to-earnings ratio of 7.97. Prosiebensat 1 Media has a 52 week low of €11.24 ($13.06) and a 52 week high of €23.56 ($27.40). The company has a current ratio of 1.41, a quick ratio of 1.23 and a debt-to-equity ratio of 251.46.

About Prosiebensat 1 Media

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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Analyst Recommendations for Prosiebensat 1 Media (ETR:PSM)

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