CBS Corp (CBS) Receives a Buy from Barrington


Barrington analyst James Goss maintained a Buy rating on CBS Corp (CBS) today and set a price target of $72. The company’s shares opened today at $56.49.

Goss commented:

“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 14.1% and a 66.5% success rate. Goss covers the Services sector, focusing on stocks such as Lions Gate Ent Corp Cl A, iPic Entertainment Inc, and Sirius XM Holdings Inc.

Currently, the analyst consensus on CBS Corp is a Moderate Buy with an average price target of $68, implying a 20.4% upside from current levels. In a report issued on November 2, Benchmark Co. also maintained a Buy rating on the stock with a $90 price target.

.

See today’s analyst top recommended stocks >>

CBS Corp’s market cap is currently $21.18B and has a P/E ratio of 14.17. The company has a Price to Book ratio of 9.77.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts