Prosiebensat 1 Media (ETR:PSM) Given a €14.80 Price Target by Goldman Sachs Group Analysts

Goldman Sachs Group set a €14.80 ($17.21) price target on Prosiebensat 1 Media (ETR:PSM) in a research note published on Wednesday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

Several other research analysts have also recently weighed in on the company. HSBC set a €17.00 ($19.77) price objective on Prosiebensat 1 Media and gave the stock a buy rating in a research report on Monday, July 8th. UBS Group set a €16.00 ($18.60) price objective on Prosiebensat 1 Media and gave the stock a neutral rating in a research report on Wednesday, August 7th. Kepler Capital Markets set a €18.00 ($20.93) price objective on Prosiebensat 1 Media and gave the stock a neutral rating in a research report on Thursday, May 9th. Nord/LB set a €15.00 ($17.44) price objective on Prosiebensat 1 Media and gave the stock a neutral rating in a research report on Friday, May 10th. Finally, Berenberg Bank set a €24.00 ($27.91) price objective on Prosiebensat 1 Media and gave the stock a buy rating in a research report on Thursday, August 8th. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating and seven have assigned a buy rating to the stock. The company currently has a consensus rating of Hold and a consensus target price of €18.68 ($21.72).

PSM stock opened at €11.12 ($12.92) on Wednesday. The company has a debt-to-equity ratio of 296.30, a current ratio of 1.20 and a quick ratio of 1.01. The stock has a market capitalization of $2.51 billion and a P/E ratio of 8.38. The business has a 50-day moving average of €12.47 and a 200-day moving average of €14.19. Prosiebensat 1 Media has a fifty-two week low of €11.24 ($13.06) and a fifty-two week high of €23.56 ($27.40).

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.

See Also: Neutral Rating

Analyst Recommendations for Prosiebensat 1 Media (ETR:PSM)

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