Prosiebensat 1 Media (ETR:PSM) PT Set at €17.00 by HSBC
Prosiebensat 1 Media (ETR:PSM) has been given a €17.00 ($19.77) price objective by stock analysts at HSBC in a research note issued to investors on Monday, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the stock. HSBC’s target price points to a potential upside of 24.54% from the stock’s current price.
Other research analysts have also issued reports about the company. Warburg Research set a €17.40 ($20.23) target price on Prosiebensat 1 Media and gave the stock a “neutral” rating in a research report on Thursday, May 9th. UBS Group set a €16.00 ($18.60) target price on Prosiebensat 1 Media and gave the stock a “neutral” rating in a research report on Thursday, May 9th. Barclays set a €18.50 ($21.51) price target on Prosiebensat 1 Media and gave the stock a “neutral” rating in a report on Wednesday, April 24th. Macquarie set a €18.00 ($20.93) price target on Prosiebensat 1 Media and gave the stock a “buy” rating in a report on Tuesday, April 9th. Finally, Independent Research set a €16.30 ($18.95) price target on Prosiebensat 1 Media and gave the stock a “neutral” rating in a report on Monday, May 13th. One analyst has rated the stock with a sell rating, thirteen have given a hold rating and six have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of €19.46 ($22.63).
Shares of ETR:PSM opened at €13.65 ($15.87) on Monday. The company has a market cap of $3.09 billion and a price-to-earnings ratio of 9.25. The company has a debt-to-equity ratio of 251.46, a quick ratio of 1.23 and a current ratio of 1.41. Prosiebensat 1 Media has a 12-month low of €12.61 ($14.66) and a 12-month high of €23.85 ($27.73). The stock’s fifty day moving average is €14.47.
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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