Wunderlich Securities announced Viacom (NASDAQ:VIAB), bumping down its price target to $65.00 earlier today
- Updated: September 21, 2016
Showing a price of $36.16, Viacom (NASDAQ:VIAB) traded -0.07% lower on the day. With the last close down -12.95% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same time. VIAB has recorded a 50-day average of $40.82 and a 200-day moving average of $41.51. 7,543,335 shares of VIAB traded, up from an average trading volume of 3,470,500
Wunderlich Securities bumped down the target of Viacom (NASDAQ:VIAB) to $65.00 indicating a potential upside of 0.80%.
Recent Performance Chart
With a market cap of $0, Viacom has one year low of $30.11 and a 52 week high of $53.35 with a PE ratio of 6.96 .
A total of 30 firms have issued a report on Viacom. Five analysts rating the company a strong buy, 9 firms rating the stock a buy, 18 brokers rating the stock a hold, four analysts rating the stock a underperform, and finally 1 equity analyst rating the company a sell with a one year target of $47.27.
About Viacom (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.
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