Deutsche Bank AG Reiterates €34.00 Price Target for Prosiebensat 1 Media SE (ETR:PSM)

Prosiebensat 1 Media SE (ETR:PSM) has been assigned a €34.00 ($39.53) price objective by equities research analysts at Deutsche Bank AG in a research report issued on Wednesday, October 18th. The brokerage presently has a “neutral” rating on the stock. Deutsche Bank AG’s target price indicates a potential upside of 21.23% from the stock’s current price.

A number of other brokerages also recently weighed in on PSM. BNP Paribas set a €38.00 ($44.19) price objective on shares of Prosiebensat 1 Media SE and gave the company a “neutral” rating in a research report on Friday, July 7th. J P Morgan Chase & Co set a €40.00 ($46.51) price objective on shares of Prosiebensat 1 Media SE and gave the company a “neutral” rating in a research report on Thursday, July 6th. DZ Bank AG reaffirmed a “neutral” rating on shares of Prosiebensat 1 Media SE in a research report on Friday, June 30th. Nord/LB set a €46.00 ($53.49) price objective on shares of Prosiebensat 1 Media SE and gave the company a “buy” rating in a research report on Thursday, June 29th. Finally, Hauck & Aufhaeuser set a €46.00 ($53.49) price objective on shares of Prosiebensat 1 Media SE and gave the company a “buy” rating in a research report on Monday, June 26th. Two equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and nine have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of €34.50 ($40.12).

Prosiebensat 1 Media SE (PSM) traded down €0.82 ($0.95) during trading hours on Wednesday, reaching €28.05 ($32.61). The company had a trading volume of 3,075,615 shares, compared to its average volume of 1,260,000. Prosiebensat 1 Media SE has a 52-week low of €27.32 ($31.77) and a 52-week high of €41.77 ($48.57).

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About Prosiebensat 1 Media SE

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 SE (ETR:PSM)

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