Comcast Corporation (CMCSA) Receives ‘Analyst’ Rating

Comcast Corporation (CMCSA) : The consensus on Comcast Corporation (CMCSA) based on 23 analyst recommendation on the company stock is 1.33, which is interpreted as a Strong Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 18 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 2 analyst believes that the stock is a Buy, which can produce decent returns in the future. 3 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Comcast Corporation (CMCSA) : The consensus price target for Comcast Corporation (CMCSA) is $74.88 for the short term with a standard deviation of $4.32. The most optimist securities analyst among the 24 who monitor the stock believes that the stock can reach $84, however, the pessimist price target for the company is $69.


Also, In the latest statement by the brokerage house, Argus Research maintains its outlook on Comcast Corporation (NASDAQ:CMCSA). The current rating of the shares is Buy, according to the research report released by the firm. The brokerage firm raises the price target from $72 per share to $81 per share. The rating by the firm was issued on August 8, 2016.

Comcast Corporation (NASDAQ:CMCSA): After opening at $64.91, the stock dipped to an intraday low of $64.82 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $66.43 and the buying power remained strong till the end. The stock closed at $66.24 for the day, a gain of 1.64% for the day session. The total traded volume was 10,140,801. The stocks close on the previous trading day was $65.17.

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.

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