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ValuEngine upgraded Live Nation Entertainment, Inc. (NYSE:LYV) to Hold in a report released today.

ValuEngine has upgraded Live Nation Entertainment, Inc. (NYSE:LYV) to Hold in a report released on 06/02/2017.

Previously on 5/25/2017, Guggenheim reported about Live Nation Entertainment, Inc. (NYSE:LYV) raised the target price from $0.00 to $40.00. At the time, this indicated a possible upside of 0.19%.

Yesterday Live Nation Entertainment, Inc. (NYSE:LYV) traded 0.23% higher at $35.39. Live Nation Entertainment, Inc.’s 50-day moving average is $42.25 and its 200-day moving average is $36.90. The last closing price is down 17.08% relative to the two hundred day average, compared with the S&P 500 Index which has increased 0.03% over the date range. Trade Volume was down over the average, with 1,054,640 shares of LYV changing hands under the typical 1,843,240

Recent Performance Chart

Live Nation Entertainment, Inc. (NYSE:LYV)

Live Nation Entertainment, Inc. has 52 week low of $26.41 and a 52 week high of $43.86 with a PE ratio of 6,171.43 and has a market capitalization of $0.

In addition to ValuEngine reporting its stock price target, a total of 6 brokerages have issued a ratings update on the company. The average stock price target is $31.00 with 3 brokerages rating the stock a strong buy, 4 brokerages rating the stock a buy, 2 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On 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. Its segments include Concerts, Sponsorship & Advertising, Ticketing and Artist Nation. The Concerts segment is engaged in promotion of live music events in its owned or operated venues and in rented third-party venues; operation and management of music venues; production of music festivals, and creation of associated content. The Ticketing segment is an agency business that sells tickets for events on behalf of its clients. The Artist Nation segment provides management services to music artists in exchange for a commission on the earnings of artists. The Sponsorship & Advertising segment employs sales force that creates and maintains relationships with sponsors to allow businesses to reach customers through its concert, venue, artist relationship and ticketing assets, including advertising on its Websites.

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