ProSiebenSat1 Media (ETR:PSM) Stock Upgrade
The stock rating of ProSiebenSat1 Media (ETR:PSM) shares was upgraded by research analysts at Kepler Cheuvreux to a respectable “Buy”. They currently have a Estimated Target Price of EUR 50.00 on PSM. Kepler Cheuvreux’s Estimated Target Price means a possible upside of 0.20% from the last stock price of the company.
From a total of 19 analysts covering ProSiebenSat1 Media (ETR:PSM) stock, 9 rate it a ”Buy”, 2 a “Sell”, and 8 a ”Hold”. This means that 47% of the ratings are positive. The highest target price is €58 while the lowest target price is €37. The mean of all analyst targets is €50.02 with a 0.16% above today’s (€49.94) stock price. ProSiebenSat1 Media was the topic of 35 analyst reports since June 26, 2015 according to the firm StockzIntelligence Inc. HSBC upgraded shares on November 26 to “Buy” rating. Warburg Research maintained shares with “Hold” rating and €45 target share price in a report from an October 23. Landesbank upgraded PSM stock in a recent report from November 3 to “Buy” rating. DZ-Bank AG downgraded the rating on October 22. DZ-Bank AG has a “Sell” rating and a €41 price target on shares. Finally, Hauck & Aufhäuser Privatbankiers KGaA maintained the stock with “Hold” rating in a report issued on an October 31.
The stock increased 0.47% or EUR 0.24 on December 1, striking EUR 49.94. Approximately 534,358 shares of stock traded hands. Prosiebensat 1 Media SE (ETR:PSM) has 0.00% since May 5, 2015 and is . It has outperformed by 1.62% the S&P500.
Prosiebensat 1 Media SE is a Germany firm engaged in the media sector. The company has a market cap of 10.90 billion EUR. The Company’s core business is advertising-financed free television . It has 25.61 P/E ratio. The Company’s TV stations include: SAT.1, ProSieben, kabel eins, sixx, SAT.1 Gold and ProSieben MAXX.