In a report released today, David Miller from Imperial Capital maintained a Buy rating on CBS Corp (CBS), with a price target of $72. The company’s shares opened today at $50.57.
According to TipRanks.com, Miller is a 5-star analyst with an average return of 13.2% and a 61.6% success rate. Miller covers the Services sector, focusing on stocks such as Madison Square Garden Co, Cinemark Holdings Inc, and MSG Networks Inc.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for CBS Corp with a $60.55 average price target, implying a 19.7% upside from current levels. In a report issued on February 4, Barrington also reiterated a Buy rating on the stock with a $72 price target.
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CBS Corp’s market cap is currently $18.99B and has a P/E ratio of 9.84. The company has a Price to Book ratio of 6.73.
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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.
