Barclays analyst Kannan Venkateshwar maintained a Hold rating on CBS Corp (CBS) on February 15 and set a price target of $53. The company’s shares closed on Friday at $50.64.
According to TipRanks.com, Venkateshwar is a 1-star analyst with an average return of -1.6% and a 51.6% success rate. Venkateshwar covers the Services sector, focusing on stocks such as Sirius XM Holdings Inc, Discovery Inc, and Dish Network.
CBS Corp has an analyst consensus of Moderate Buy, with a price target consensus of $60.55, which is a 19.6% upside from current levels. In a report issued on February 11, Atlantic Equities also downgraded the stock to Hold with a $56 price target.
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CBS Corp’s market cap is currently $18.99B and has a P/E ratio of 13.35. The company has a Price to Book ratio of 7.55.
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CBS Corp. operates as a mass media company, which creates and distributes content across a variety of platforms to audiences around the world. It operates its business through following segments: Entertainment, Cable Networks, Publishing, and Local Media.
