A statement released earlier today by Pivotal Research about Comcast Corporation (NASDAQ:CMCSA) raises the target price to $90.00
- Updated: September 26, 2016
In a report issued 9/27/2016 Pivotal Research raised the price target of Comcast Corporation (NASDAQ:CMCSA) from $81.00 to $90.00 stating a potential upside of 0.37%.
On 8/19/2016, Telsey Advisory released a statement about Comcast Corporation (NASDAQ:CMCSA) upped the target price from $75.00 to $76.50 that suggested an upside of 0.13%.
Having a price of $65.81, Comcast Corporation (NASDAQ:CMCSA) traded -2.00% lower on the day. With the last close up 3.10% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. The company has recorded a 50-day moving average of $66.33 and a 200-day moving average of $63.83. 7,822,463 shares of the stock traded hands, down from an average trading volume of 8,438,970
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Comcast Corporation has a 52 week low of $52.34 and a 52 week high of $68.36 with a P/E ratio of 20.01 The company’s market cap is currently $0.
In addition to Pivotal Research reporting its stock price target, a total of 27 brokers have issued a research note on the company. The average stock price target is $71.63 with 10 brokers rating the stock a strong buy, 17 brokers rating the stock a buy, 3 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About Comcast Corporation (NASDAQ:CMCSA)
Comcast Corporation is a media and technology company. The Company's primary businesses include Comcast Cable and NBCUniversal. Its Comcast Cable business operates in Cable Communications segment. Its NBCUniversal business consists of four segments, which include Cable Networks, Broadcast Television, Filmed Entertainment and Theme Parks. Its Cable Communications consists of the operations of Comcast Cable, which provides video, Internet and voice services to residential customers under the XFINITY brand. Its Cable Networks consists of national cable networks, regional sports and news networks, international cable networks and cable television studio production operations. Its Broadcast Television consists of the NBC and Telemundo broadcast networks. Its Filmed Entertainment consists of the operations of Universal Pictures. The Company's Theme Parks consists in Universal theme parks in Orlando, Florida and Hollywood, California.
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