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CBS Corp (NYSE:CBS) stock price target reduced to $57.00, released a research note earlier today by Telsey Advisory Group

Telsey Advisory Group bumped down the target of CBS Corp (NYSE:CBS) to $57.00 stating a potential upside of 0.14%.

Boasting a price of $50.08, CBS Corp (NYSE:CBS) traded 0.22% higher on the day. With the last close down -6.80% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. CBS Corp has recorded a 50-day average of $51.91 and a two hundred day average of $53.73. Volume of trade was up over the average, with 7,149,860 shares of CBS changing hands over the typical 3,855,030

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With a total market value of $0, CBS Corp has price-earnings ratio of 14.82 with a 52 week low of $38.51 and a 52 week high of $58.22 .

In addition to Telsey Advisory Group reporting its target price, a total of 1 firm has issued a report on the stock. The consensus target price is $63.00 with 0 firms rating the stock a strong buy, 0 firms rating the stock a buy, 0 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

General Information About CBS Corp (NYSE:CBS)

CBS Corporation is a mass media company. The Company's segments include Entertainment, Cable Networks, Publishing and Local Broadcasting. Its Entertainment segment is composed of the CBS Television Network; CBS Television Studios; CBS Global Distribution Group (composed of CBS Studios International and CBS Television Distribution); CBS Interactive, and CBS Films. The Company's Cable Networks segment is composed of Showtime Networks; CBS Sports Network, and Smithsonian Networks. The Publishing segment is composed of Simon & Schuster, which publishes and distributes consumer books under imprints, such as Simon & Schuster, Pocket Books, Scribner, Gallery Books, Touchstone and Atria Books. The Local Broadcasting segment is composed of CBS Television Stations, its approximately 30 owned broadcast television stations, and CBS Radio, through which it owns and operates radio stations in the United States markets. It operates businesses, which span the media and entertainment industries.

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