Discovery (NASDAQ: DISCA)‘s stock had its “hold” rating reiterated by equities research analysts at Needham & Company in a research note issued to investors on Thursday.
Separately, analysts at Zacks Investment Research upgraded shares of Discovery from a “neutral” rating to an “outperform” rating in a research note to investors on Saturday, January 21st. Analysts at Citigroup (NYSE: C) reiterated a “buy” rating on shares of Discovery in a research note to investors on Tuesday, January 10th. Also, analysts at UBS AG (NYSE: UBS) raised their EPS on shares of Discovery in a research note to investors on Tuesday, November 15th. They now have a “neutral” rating and a $43.00 price target on the stock.
Discovery Communications Inc. (Discovery) is a global media and entertainment company that provides original and purchased programming across multiple distribution platforms in the United States and over 170 other countries. Led by the Discovery Channel, Discovery offers over 100 worldwide networks offering customized programming in 38 languages. In addition to Discovery Channel, the Company’s global portfolio includes television brands, such as TLC, Animal Planet, Science Channel, Investigation Discovery, Planet Green, Discovery Travel and Living, Discovery Home and Health, and HD Theater, as well as consumer and educational products and services, and a diversified portfolio of digital media services, including HowStuffWorks.com. Additionally, it owns and operates a diversified portfolio of Website properties and other digital services in the United States and internationally. It has three segments: U.S. Networks, International Networks, and Commerce, Education, and Other.
Discovery opened at 43.03 on Thursday. Discovery has a 1-year low of $34.75 and a 1-year high of $45.81. The stock has a 50-day moving average of $42.06 and a 200-day moving average of $40.68. The company has a market cap of $16.997 billion and a price-to-earnings ratio of 18.13.
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