Comcast Corporation (CMCSA) : 19 brokerage houses believe that Comcast Corporation (CMCSA) is a Strong Buy at current levels. 2 Analyst considers the fundamentals to be worthy of a Buy recommendation. 3 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Comcast Corporation (CMCSA). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 24 Wall Street Analysts endorse the stock as a Strong Buy with a rating of 1.31.
Comcast Corporation (CMCSA) stock is expected to deviate a maximum of $4.22 from the average target price of $74.36 for the short term period. 25 Street Experts have initiated coverage on the stock with the most promising target being $84 and the most muted being $69.
For the current week, the company shares have a recommendation consensus of Buy. Comcast Corporation (NASDAQ:CMCSA): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $67.25 and $67.17 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $67.80. The buying momentum continued till the end and the stock did not give up its gains. It closed at $67.68, notching a gain of 0.68% for the day. The total traded volume was 5,918,261 . The stock had closed at $67.22 on the previous day.
In a related news,The director officer (Chairman of Board, Pres. & CEO) of Comcast Corp, Roberts Brian L sold 304,109 shares at $67.26 on July 29, 2016. The Insider selling transaction had a total value worth of $20,454,371. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Comcast Corporation is a media and technology company. The Company has two primary businesses, Comcast Cable and NBCUniversal. The Companys business line comprises five segments: Cable Communications; Cable Networks; Broadcast Television; Filmed Entertainment, and Theme Parks. Cable Communications consists of the operations of Comcast Cable, a provider of video, high-speed Internet and voice services under the XFINITY brand. Cable Networks consists primarily of its national cable networks, regional sports and news networks, international cable networks, and its cable television production operations. Broadcast Television consists primarily of the NBC and Telemundo broadcast networks. Filmed Entertainment consists primarily of the studio operations of Universal Pictures. Theme Parks consists primarily of its Universal theme parks. The Companys other business interests consist of Comcast-Spectacor and the Wells Fargo Center arena.