ProSiebenSat.1 Media (OTCMKTS:PBSFY – Get Rating) had its price target reduced by stock analysts at Morgan Stanley from €7.00 ($7.14) to €6.20 ($6.33) in a research note issued on Tuesday, The Fly reports. The firm presently has an “underweight” rating on the stock.
Several other research firms have also recently issued reports on PBSFY. Barclays upped their price target on ProSiebenSat.1 Media from €8.50 ($8.67) to €8.65 ($8.83) in a report on Friday, September 16th. Deutsche Bank Aktiengesellschaft downgraded ProSiebenSat.1 Media from a “buy” rating to a “hold” rating in a report on Thursday, July 28th. JPMorgan Chase & Co. dropped their price target on ProSiebenSat.1 Media from €22.00 ($22.45) to €20.00 ($20.41) in a research note on Wednesday, August 10th. Societe Generale reduced their price objective on shares of ProSiebenSat.1 Media from €17.80 ($18.16) to €12.80 ($13.06) and set a “buy” rating for the company in a research note on Wednesday, September 14th. Finally, The Goldman Sachs Group downgraded shares of ProSiebenSat.1 Media from a “neutral” rating to a “sell” rating in a research report on Monday, July 4th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $12.22.
ProSiebenSat.1 Media Stock Performance
Shares of PBSFY traded up $0.04 during mid-day trading on Tuesday, hitting $1.63. The company’s stock had a trading volume of 4,545 shares, compared to its average volume of 6,698. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.15 and a current ratio of 1.18. The firm has a 50-day moving average price of $1.82 and a 200 day moving average price of $2.26. ProSiebenSat.1 Media has a fifty-two week low of $1.53 and a fifty-two week high of $4.39.
About ProSiebenSat.1 Media
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.