In a report issued on April 25, Kutgun Maral from RBC Capital maintained a Buy rating on Comcast (CMCSA – Research Report), with a price target of $60.00. The company’s shares closed last Tuesday at $44.57, close to its 52-week low of $44.27.
According to TipRanks.com, Maral is a 4-star analyst with an average return of 9.0% and a 48.3% success rate. Maral covers the Services sector, focusing on stocks such as Lions Gate Entertainment Class A, Endeavor Group Holdings Inc, and Paramount Global Class B.
Currently, the analyst consensus on Comcast is a Moderate Buy with an average price target of $57.31, which is a 26.5% upside from current levels. In a report issued on April 14, Oppenheimer also maintained a Buy rating on the stock with a $60.00 price target.
Comcast’s market cap is currently $207.2B and has a P/E ratio of 15.03.
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.
Comcast is a media and technology company with three primary businesses: Comcast Cable, NBCUniversal, and Sky. The Comcast Cable/Cable Communications business provides high-speed internet, video, voice, wireless, as well as security and automation services. NBCUniversal develops, produces and distributes entertainment, news and information, sports, and other content and also operates theme parks. Sky is one of Europe’s leading entertainment companies and includes a direct-to-consumer business, providing video, high-speed internet, voice and wireless phone services, and a content business, operating entertainment networks, the Sky News broadcast network and Sky Sports networks. The company was founded by Ralph J. Roberts in 1963 and is headquartered in Philadelphia, PA.
Read More on CMCSA:
- RBC Capital Sticks to Their Hold Rating for Callon (CPE)
- RBC Capital Thinks Boston Beer’s Stock is Going to Recover
- Wall Street Analysts Are Bullish on Top Services Picks
- Analysts Conflicted on These Financial Names: Brookfield Asset Mng (BAM), MFA Financial (MFA) and Zions Bancorporation National Association (ZION)
- Analysts Are Neutral on These Utilities Stocks: Advantage Energy (AAVVF), APA (APA)