JPMorgan Chase & Co. issued a report on Live Nation Entertainment, Inc. (NYSE:LYV), boosting its stock price target to $34.00 earlier today
- Updated: September 17, 2016
Yesterday Live Nation Entertainment, Inc. (NYSE:LYV) traded 1.10% lower at $26.77. The company’s 50-day average is $26.55 and its two hundred day moving average is $23.86. With the last stock close up 8.82% relative to the two hundred day average, compared to the Standard & Poor’s 500 Index which has decreased -0.01% over the same time. 3,318,910 shares of LYV were exchanged, up from ann average volume of 1,044,680.
JPMorgan Chase & Co. raised the estimated target of Live Nation Entertainment, Inc. (NYSE:LYV) to $34, stating a possible upside of 0.27%,
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In addition to JPMorgan Chase & Co. reporting it’s stock price target, a total of 6 brokers have released a report on the company. The consensus target is $31.00 with three analysts rating the stock a strong buy, four firms rating the stock a buy, two analysts rating the stock a hold, 0 rating the stock to underperform, and lastly 0 brokerages rating the company as sell.
Live Nation Entertainment, Inc. has a 52 week low of $18.77 and a one-year high of $29.68 and has a total market value of $0.0.
Brief Synopsis About Live Nation Entertainment, Inc. (NYSE:LYV)
Live Nation Entertainment, Inc. is a live entertainment company. The Company’s businesses consist of the promotion of live events, including ticketing, sponsorship and advertising, and artist management. Its segments include Concerts, Ticketing, Artist Nation, Sponsorship & Advertising, Other and Corporate. Its Concerts segment is engaged in the promotion of live music events in its owned or operated venues and in rented third-party venues, and the production of music festivals. Its Ticketing segment is an agency business that sells tickets for events on behalf of its clients and retains a fee, or service charge, for these services. Its Artist Nation segment provides management services to music artists in exchange for a commission on the earnings of the artists. Its Sponsorship & Advertising segment employs sales force that creates and maintains relationships with sponsors to allow businesses to reach customers through its concert, venue, and artist relationship and ticketing assets.
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