Barclays downgrades ProSiebenSat.1 Media SE (0QG9) to a Hold

Barclays analyst Julien Roch downgraded ProSiebenSat.1 Media SE (0QG9 – Research Report) to a Hold yesterday and set a price target of €7.00.

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Roch covers the Communication Services sector, focusing on stocks such as Universal Music Group, Interpublic Group of Companies, and Omnicom Group. According to TipRanks, Roch has an average return of -0.4% and a 40.94% success rate on recommended stocks.

Currently, the analyst consensus on ProSiebenSat.1 Media SE is a Hold with an average price target of €6.46.

0QG9 market cap is currently €1.39B and has a P/E ratio of 27.09.

Based on the recent corporate insider activity of 13 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of 0QG9 in relation to earlier this year.