UBS Securities disclosed Viacom Inc. (NASDAQ:VIAB), bumping down its price target to $48.00 earlier today
- Updated: September 22, 2016
Having a price of $35.90, Viacom Inc. (NASDAQ:VIAB) traded -0.64% lower on the day. With the last stock price down -13.54% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. VIAB has recorded a 50-day average of $40.37 and a two hundred day average of $41.43. Trade Volume was up over the average, with 4,082,329 shares of VIAB changing hands over the typical 3,560,190
Reporting as potential upside of 0.34%, UBS Securities dropped the price target of Viacom Inc. (NASDAQ:VIAB) to $48.00
On 9/21/2016, Wunderlich released a statement about Viacom Inc. (NASDAQ:VIAB) dropped the target price from $82.00 to $65.00 that suggested an upside of 0.80%.
Recent Performance Chart
Viacom Inc. has PE ratio of 6.90 with a one year low of $30.11 and a one year high of $53.35 and has a market capitalization of $0.
A total of 30 brokerages have issued a ratings update on Viacom Inc.. Five brokerages rating the company a strong buy, nine brokerages rating the company a buy, eighteen brokerages rating the company a hold, four brokerages rating the company a underperform, and finally one brokerage rating the company a sell with a 12-month price target of $47.27.
General Company Details For Viacom Inc. (NASDAQ:VIAB)
Viacom Inc. (Viacom) is an entertainment content company that connects with audiences in over 160 countries and territories and creates compelling television programs, motion pictures, short-form video, applications, games, consumer products, social media and other entertainment content. The Company operates through two segments: Media Networks and Filmed Entertainment. Viacom Media Networks' program services reached approximately 700 million households in over 160 countries. Viacom Media Networks operates the international extensions of the multimedia brands MTV, VH1, Nickelodeon, Comedy Central and BET, as well as certain program services. The Company's Filmed Entertainment segment produces, finances, acquires and distributes motion pictures and other entertainment content. under the Paramount Pictures, Paramount Vantage, Paramount Classics, Insurge Pictures, MTV Films and Nickelodeon Movies brands.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.