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Discovery Communications (NASDAQ:DISCA) has been downgraded from Outperform to Market Perform in a statement by Barrington Research earlier today.

Barrington Research has downgraded Discovery Communications (NASDAQ:DISCA) from Outperform to Market Perform in a report released on 9/29/2016.

Only yesterday Discovery Communications (NASDAQ:DISCA) traded 0.41% higher at $26.80. The company’s 50-day moving average is $25.73 and its 200-day moving average is $26.66. The last stock price is up 0.97% from the 200-day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Volume of trade was up over the average, with 4,818,007 shares of DISCA changing hands over the typical 3,314,720

Recent Performance Chart

Discovery Communications (NASDAQ:DISCA)

Discovery Communications has 52 week low of $23.66 and a 52 week high of $31.80 with a P/E ratio of 14.64 and has a market cap of $0.

In addition to Barrington Research reporting its target price, a total of 23 analysts have released a report on DISCA. The one year target is $29.52 with three brokerages rating the company a strong buy, 3 brokers rating the stock a buy, nineteen firms rating the stock a hold, three analysts rating the stock a underperform, and finally one brokerage rating the company a sell.

General Information About Discovery Communications (NASDAQ:DISCA)

Discovery Communications, Inc., (Discovery) is a global media company. The Company provides content across multiple distribution platforms, including pay-television (pay-TV), free-to-air and broadcast television, Websites, digital distribution arrangements and content licensing agreements. Its segments are U.S. Networks, which consists principally of domestic television networks and Websites; International Networks, which consists primarily of international television networks and Websites; Education and Other, which consists principally of curriculum-based product and service offerings, and production studios, and Corporate and Inter-segment Eliminations. It distributes customized content in the United States, and over 220 other countries and territories in over 40 languages. The Company's global portfolio of networks includes television brands, such as Discovery Channel, TLC, Animal Planet, Investigation Discovery, Science and Velocity (known as Turbo outside of the United States).

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