PROSIEBENSAT 1/ADR’s (PBSFY) Equal Weight Rating Reaffirmed at Barclays

Barclays reissued their equal weight rating on shares of PROSIEBENSAT 1/ADR (OTCMKTS:PBSFY) in a research report released on Monday morning, The Fly reports.

A number of other brokerages have also recently commented on PBSFY. ValuEngine cut PROSIEBENSAT 1/ADR from a sell rating to a strong sell rating in a report on Tuesday, May 12th. Citigroup reissued a buy rating on shares of PROSIEBENSAT 1/ADR in a research note on Monday, June 29th. Credit Suisse Group restated an underperform rating on shares of PROSIEBENSAT 1/ADR in a research report on Monday. Finally, JPMorgan Chase & Co. reiterated an overweight rating on shares of PROSIEBENSAT 1/ADR in a research report on Thursday, April 23rd. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and two have assigned a buy rating to the stock. PROSIEBENSAT 1/ADR currently has an average rating of Hold.

PROSIEBENSAT 1/ADR stock traded down $0.06 during midday trading on Monday, hitting $2.46. 413 shares of the company were exchanged, compared to its average volume of 3,920. The business has a fifty day simple moving average of $2.79 and a two-hundred day simple moving average of $2.75. PROSIEBENSAT 1/ADR has a fifty-two week low of $1.50 and a fifty-two week high of $3.95.

PROSIEBENSAT 1/ADR Company Profile

ProSiebenSat.1 Media SE, together with its subsidiaries, operates as a media company in Europe. The company operates through three segments: Entertainment, Content Production & Global Sales, and Commerce. The Entertainment segment operates free TV stations, 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.

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