Credit Suisse analyst Douglas Mitchelson maintained a Buy rating on Discovery (DISCA) yesterday. The company’s shares closed last Tuesday at $22.29.
According to TipRanks.com, Mitchelson is a 5-star analyst with an average return of 14.5% and a 62.7% success rate. Mitchelson covers the Services sector, focusing on stocks such as Charter Communications, Dish Network, and Walt Disney.
Currently, the analyst consensus on Discovery is a Moderate Buy with an average price target of $26.80.
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The company has a one-year high of $33.66 and a one-year low of $17.12. Currently, Discovery has an average volume of 4.01M.
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Discovery, Inc. is a media company, which engages in the provision of content across distribution platforms and digital distribution arrangements. It operates through the following segments: U.S. Networks, International Networks, Education and Other, and Corporate and Inter-segment Eliminations. The U.S. Networks segment owns and operates national television networks such as Discovery Channel, Animal Planet, and Investigation Discovery and Science. The International Networks segment consists of international television networks and websites. The Education and Other segment offers curriculum-based product and service offerings. The Corporate and Inter-segment Eliminations segment represents unallocated corporate amounts. The company was founded by John S. Hendricks in September 1982 and is headquartered in Silver Spring, MD.
