A statement released earlier today by Pivotal Research Group about Comcast (NASDAQ:CMCSA) bumps the target price to $90.00
- Updated: September 26, 2016
Boasting a price of $65.81, Comcast (NASDAQ:CMCSA) traded -2.00% lower on the day. With the last stock price close up 3.10% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Comcast has recorded a 50-day average of $66.33 and a two hundred day average of $63.83. Volume of trade was down over the average, with 7,822,463 shares of CMCSA changing hands under the typical 8,438,970
Pivotal Research Group bumped up the target of Comcast (NASDAQ:CMCSA) to $90.00 stating a potential upside of 0.37%.
On Friday August 19, 2016, Telsey Advisory released a statement for Comcast (NASDAQ:CMCSA) bumped up the target price from $75.00 to $76.50 that suggested an upside of 0.13%.
Recent Performance Chart
Comcast has price-earnings ratio of 20.01 with a one year low of $52.34 and a one year high of $68.36 and has a total market value of $0.
A total of 27 brokers have issued a research note on the company. 10 brokers rating the stock a strong buy, 17 brokerages rating the company a buy, three brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero firms rating the stock a sell with a consensus target price of $71.63.
About Comcast (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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