ProSiebenSat.1 Media (PSM) PT Set at €45.00 by J P Morgan Chase & Co

ProSiebenSat.1 Media (ETR:PSM) has been assigned a €45.00 ($53.57) target price by stock analysts at J P Morgan Chase & Co in a research report issued on Wednesday. The firm currently has a “buy” rating on the stock. J P Morgan Chase & Co’s price target would suggest a potential upside of 57.40% from the stock’s current price.

A number of other research firms have also recently weighed in on PSM. Macquarie set a €26.50 ($31.55) price target on ProSiebenSat.1 Media and gave the stock a “sell” rating in a report on Wednesday, August 30th. Societe Generale set a €40.00 ($47.62) price target on ProSiebenSat.1 Media and gave the stock a “buy” rating in a report on Tuesday, August 29th. Independent Research set a €32.00 ($38.10) price target on ProSiebenSat.1 Media and gave the stock a “neutral” rating in a report on Tuesday, September 19th. Morgan Stanley set a €42.00 ($50.00) price target on ProSiebenSat.1 Media and gave the stock a “buy” rating in a report on Thursday, August 17th. Finally, Nord/LB set a €36.00 ($42.86) price target on ProSiebenSat.1 Media and gave the stock a “buy” rating in a report on Tuesday, September 5th. Four analysts have rated the stock with a sell rating, ten have given a hold rating and ten have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of €32.39 ($38.56).

Shares of ProSiebenSat.1 Media (ETR:PSM) opened at €28.59 ($34.04) on Wednesday. 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).

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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.

Analyst Recommendations for ProSiebenSat.1 Media (ETR:PSM)

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