Macquarie Keeps Their Hold Rating on Comcast


Macquarie analyst Amy Yong maintained a Hold rating on Comcast (NASDAQ: CMCSA) on June 14 and set a price target of $35. The company’s shares closed on Friday at $33.88.

According to TipRanks.com, Yong is a 4-star analyst with an average return of 6.4% and a 54.4% success rate. Yong covers the Services sector, focusing on stocks such as Liberty Media Corporation Series A Liberty SiriusXM Common Stock, Liberty Global PLC LiLAC Class A, and Live Nation Entertainment.

Currently, the analyst consensus on Comcast is Moderate Buy and the average price target is $48.86, representing a 44.2% upside.

In a report issued on June 13, Raymond James also downgraded the stock to Hold.

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Comcast’s market cap is currently $156.4B and has a P/E ratio of 6.91. The company has a Price to Book ratio of 2.25.

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