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).
WARNING: This piece was reported by The Lincolnian Online and is the sole property of of The Lincolnian Online. If you are viewing this piece on another publication, it was stolen and republished in violation of US and international copyright law. The correct version of this piece can be read at https://www.thelincolnianonline.com/2017/12/08/prosiebensat-1-media-psm-pt-set-at-45-00-by-j-p-morgan-chase-co.html.
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.
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.