In a report released today, James Goss from Barrington maintained a Buy rating on CBS Corp (NYSE: CBS), with a price target of $71. The company’s shares opened today at $52.91.
According to TipRanks.com, Goss is a 5-star analyst with an average return of 13.4% and a 67.3% 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.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for CBS Corp with a $64.69 average price target, which is a 22.3% upside from current levels. In a report issued on August 3, Benchmark Co. also maintained a Buy rating on the stock with a $90 price target.
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CBS Corp’s market cap is currently $20.25B and has a P/E ratio of 17.41. The company has a Price to Book ratio of 10.21.
Based on the recent corporate insider activity of 93 insiders, corporate insider sentiment is negative on the stock. Most recently, in June 2018, Gil Schwartz, the Sr.EVP, Chief Commun. Officer of CBS sold 160,709 shares for a total of $8,851,852.
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.
