tiprankstipranks
TipRanksStock Market NewsCMCSA NewsComcast (CMCSA) Gets a Hold Rating from Rosenblatt Securities
Blurbs

Comcast (CMCSA) Gets a Hold Rating from Rosenblatt Securities

Rosenblatt Securities analyst Barton Crockett maintained a Hold rating on Comcast (CMCSAResearch Report) today and set a price target of $40.00. The company’s shares closed last Tuesday at $39.13, close to its 52-week low of $37.56.

According to TipRanks.com, Crockett is a 4-star analyst with an average return of 4.1% and a 51.8% success rate. Crockett covers the Services sector, focusing on stocks such as Liberty Media Liberty Formula One, Lions Gate Entertainment Class B, and Live Nation Entertainment.

Comcast has an analyst consensus of Moderate Buy, with a price target consensus of $52.03, implying a 30.0% upside from current levels. In a report issued on June 24, Bank of America Securities also reiterated a Hold rating on the stock with a $44.00 price target.

See the top stocks recommended by analysts >>

The company has a one-year high of $61.80 and a one-year low of $37.56. Currently, Comcast has an average volume of 24.41M.

Based on the recent corporate insider activity of 68 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CMCSA in relation to earlier this year.

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:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More