ProSiebenSat.1 Media (OTCMKTS:PBSFY – Get Rating) had its price target dropped by investment analysts at Credit Suisse Group from €11.30 ($11.89) to €8.70 ($9.16) in a research note issued to investors on Sunday, The Fly reports.
Several other analysts have also recently commented on the stock. JPMorgan Chase & Co. decreased their price target on shares of ProSiebenSat.1 Media from €28.00 ($29.47) to €22.00 ($23.16) and set an “overweight” rating on the stock in a research note on Friday, March 18th. Deutsche Bank Aktiengesellschaft decreased their price target on shares of ProSiebenSat.1 Media from €21.00 ($22.11) to €17.00 ($17.89) and set a “buy” rating on the stock in a research note on Wednesday, March 23rd. The Goldman Sachs Group started coverage on shares of ProSiebenSat.1 Media in a research note on Thursday, January 20th. They issued a “buy” rating on the stock. Finally, Berenberg Bank decreased their price target on shares of ProSiebenSat.1 Media from €14.90 ($15.68) to €13.60 ($14.32) and set a “hold” rating on the stock in a research note on Wednesday, April 20th. One analyst has rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $16.22.
Shares of PBSFY stock opened at $2.47 on Friday. The stock has a market cap of $2.23 billion, a P/E ratio of 5.40 and a beta of 1.44. ProSiebenSat.1 Media has a 52 week low of $2.38 and a 52 week high of $5.61. The company has a quick ratio of 1.15, a current ratio of 1.19 and a debt-to-equity ratio of 1.38. The company’s fifty day simple moving average is $2.98 and its two-hundred day simple moving average is $3.55.
ProSiebenSat.1 Media SE, together with its subsidiaries, operates as a media company in Europe. It operates through three segments: Entertainment, Dating & Video, and Commerce & Ventures. The Entertainment segment operates free TV stations and digital paltforms, 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.
- Get a free copy of the StockNews.com research report on ProSiebenSat.1 Media (PBSFY)
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