In a report issued on November 14, Laura Martin from Needham maintained a Buy rating on Viacom (VIAB), with a price target of $40.00. The company’s shares closed last Monday at $23.06.
According to TipRanks.com, Martin is a top 100 analyst with an average return of 21.1% and a 64.6% success rate. Martin covers the Services sector, focusing on stocks such as World Wrestling, Walt Disney, and Discovery.
Currently, the analyst consensus on Viacom is a Hold with an average price target of $25.50, a 12.0% upside from current levels. In a report issued on November 15, Barrington also maintained a Buy rating on the stock with a $28.00 price target.
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Viacom’s market cap is currently $9.3B and has a P/E ratio of 5.69. The company has a Price to Book ratio of 1.10.
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Viacom, Inc. is a global entertainment content company, which connects with audiences through compelling television programs, motion pictures, short-form video, applications, games, brands for consumer products, social media and other entertainment content. It operates business through Media Networks and Filmed Entertainment segments.
