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Frankfurt: ProSiebenSat1 Media (ETR:PSM) Rating Upped to Outperform by BNP PARIBAS with EUR 53.00 TP

Exane BNP Paribas Analyst Rating Change ProSiebenSat1 Media ETR:PSM

ProSiebenSat1 Media (ETR:PSM) Upgrade of Rating

ProSiebenSat1 Media (ETR:PSM) was upgraded by BNP PARIBAS to Outperform rating in a research report released on Friday morning. The firm from today has EUR 53.00 PT on the stock. BNP PARIBAS’s target is 13.25 % from PSM’s last price.

The firm’s rating upgrade is well-received by equity trades, as ETR:PSM is at the moment trading 0.04% higher at EUR 46.83 as of 21:31 Frankfurt time. ProSiebenSat1 Media’s stock is down -0.16% over the last 200 days. It has outperformed the S&P500, which has declined -7.20% over the same time period.

ETR:PSM Price Chart & Trend

The stock price of ProSiebenSat1 Media went down 0.16% over the last 200 days, and is in very unstanble down trend. In the last 50 and 100 days, ProSiebenSat1 Media is down 3.85% and up 0.18%, respectively. Our stocks momentum model is shown on the price chart below. Frankfurt: ProSiebenSat1 Media (ETR:PSM) Rating Upped to Outperform by BNP PARIBAS with EUR 53.00 TP

Source: RightEdge Systems, Yahoo Split & Dividend Adjusted Data and OctaFinance Trading Models

PSM Stock Chart

ProSiebenSat1 Media (ETR:PSM) Profile

Prosiebensat 1 Media SE is a Germany-based company engaged in the media sector. The Company’s core business is advertising-financed free television (TV). Its TV stations include: SAT.1, ProSieben, kabel eins, sixx, SAT.1 Gold and ProSieben MAXX.

ProSiebenSat1 Media (ETR:PSM) traded up 0.04% on 26 February, hitting EUR 46.83. A total of 1.10M shares of the company’s stock traded hands. This is up from average of 678,581 shares. ProSiebenSat1 Media has a 52 week low of EUR 37.62 and a 52 week high of EUR 50.95. The company has a market cap of 10.25B EUR and a P/E ratio of 24.02.

Get the latest ProSiebenSat1 Media (ETR:PSM) Stock Ratings at Octafinance. Completely free access to our Analyst Ratings Database for 6000+ stocks.

The post Frankfurt: ProSiebenSat1 Media (ETR:PSM) Rating Upped to Outperform by BNP PARIBAS with EUR 53.00 TP appeared first on Octafinance.



This post first appeared on Octafinance – Financial News, Reports And Intell, please read the originial post: here

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Frankfurt: ProSiebenSat1 Media (ETR:PSM) Rating Upped to Outperform by BNP PARIBAS with EUR 53.00 TP

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