In a report released today, James Goss from Barrington maintained a Buy rating on CBS Corp (CBS), with a price target of $72. The company’s shares opened today at $50.60.
Goss observed:
“We are confident in current management to achieve its stated goals and drive shareholder value.”
According to TipRanks.com, Goss is a 5-star analyst with an average return of 9.9% and a 60.1% success rate. Goss covers the Services sector, focusing on stocks such as Lions Gate Ent Corp Cl A, Nexstar Media Group Inc, and iPic Entertainment Inc.
CBS Corp has an analyst consensus of Moderate Buy, with a price target consensus of $60.55, which is a 19.7% upside from current levels. In a report issued on February 4, BMO Capital also reiterated a Buy rating on the stock with a $63 price target.
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The company has a one-year high of $59.59 and a one-year low of $41.38. Currently, CBS Corp has an average volume of 3.28M.
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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.
