BMO Capital analyst Daniel Salmon reiterated a Buy rating on CBS Corp (CBS) yesterday and set a price target of $63. The company’s shares closed yesterday at $49.51.
According to TipRanks.com, Salmon is a 5-star analyst with an average return of 15.0% and a 66.7% success rate. Salmon covers the Services sector, focusing on stocks such as Carvana Co, Netflix, and Amazon.
CBS Corp has an analyst consensus of Moderate Buy, with a price target consensus of $59.78, implying a 20.7% upside from current levels. In a report issued on January 23, Needham also maintained a Buy rating on the stock with a $60 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 3.06M.
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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.
