ProSiebenSat1 Media share: Experts see mixed signals - is it worth getting started?
Thursday, December 21st, 2023 10:02 a.m. by ARIVA.DE editorial team The share certificate of ProSiebenSat1 Media (ProSiebenSat1 Media share) is currently trading somewhat lighter on the German stock market. The security is currently trading at 5.51 euros. ProSiebenSat1 Media's stock is currently in the red on the stock market. The price of the paper fell by 18 cents. The share was last quoted at 5.51 euros. Compared to the overall market, ProSiebenSat1 Media shares are not doing so well. The SDAX (SDAX ) is currently down 0.92 percent compared to the previous day's closing price. He has 13,729 points. Today's share price for ProSiebenSat1 Media is far from the lowest...

ProSiebenSat1 Media share: Experts see mixed signals - is it worth getting started?
Thursday, December 21, 2023 10:02 am fromARIVA.DE editorial team
- Am deutschen Aktienmarkt notiert der Anteilsschein von ProSiebenSat1 Media (ProSiebenSat1 Media-Aktie) aktuell etwas leichter.
- Das Wertpapier notiert zur Stunde bei 5,51 Euro.
ProSiebenSat1 Media's stock is currently in the red on the stock market. The price of the paper fell by 18 cents. The share was last quoted at 5.51 euros. Compared to the overall market, ProSiebenSat1 Media shares are not doing so well. The SDAX (SDAX ) is currently down 0.92 percent compared to the previous day's closing price. He has 13,729 points. Today's price for ProSiebenSat1 Media is by no means the lowest in the share's history. The security was worth exactly 4.60 euros less on March 11, 2009.
The company ProSiebenSat1 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 channels and digital platforms such as SAT.1, ProSieben, Kabel Eins, sixx, SAT.1 Gold, ProSieben MAXX and Kabel Eins Doku and sells ProSiebenSat.1 HD channels.
A look at similar stocks
Some of ProSiebenSat1 Media's competitors are also listed. The RTL Group Bertelsmann KGaA paper (RTL Group Bertelsmann KGaA share) recently lost 0.34 percent in value. Things aren't looking quite so bad for the Sport1 Medien share (Sport1 Medien share). Sport1 Medien's course remained almost unchanged.
This is how experts see the ProSiebenSat1 Media share
The ProSiebenSat1 Media share certificate is being monitored by several analysts.
The analysis house Warburg Research has left the rating for ProSiebenSat.1 at “Hold” with a price target of 7.50 euros. A value adjustment by the media group for the US business was not cash-effective and therefore only slightly negative, wrote analyst Jörg Frey in a study available on Wednesday. However, higher expenses for the program are likely to result in lower market estimates.
The US investment bank Goldman Sachs has left ProSiebenSat.1 on “Sell” with a price target of 5.90 euros. The media group wants to further reduce the proportion of films and series from the USA in favor of domestic formats and expects an increase in sales and a stagnating adjusted operating result (Ebitda) for 2024, wrote analyst Lisa Yang in a study available on Wednesday. Meanwhile, their and the consensus estimates assumed a modest increase in revenues, but seven and eight percent growth in Ebitda.
This article was created by ARIVA.DE using stock analyzes from dpa-AFX. Information on the obligation to disclose conflicts of interest within the meaning of Section 34 b of the WpHG for the analyst firms mentioned can be found here.
More topics
According to a report by m.ariva.de,
As financial experts, we see negative effects on the market and the financial industry due to the current share price development of ProSiebenSat1 Media. The price of the share has fallen by 18 cents and is currently 5.51 euros. Although this is not the lowest value in stock market history, the development suggests that the stock is not performing well compared to the overall market.
The analysis house Warburg Research has left the rating for ProSiebenSat.1 at “Hold” and set a price target of 7.50 euros, while the US investment bank Goldman Sachs classifies the share as “Sell” and sets a price target of 5.90 euros. These different assessments by analysts can lead to uncertainty and fluctuations in the market.
In addition, ProSiebenSat1 plans to reduce the proportion of films and series from the USA and focus on domestic formats. This could affect the company's future sales performance and also have an impact on the market. With this information, investors and financial experts should keep a close eye on the further development of ProSiebenSat1 Media.
Read the source article at m.ariva.de