Viacom (VIAB) Receives ‘Analyst’ Rating

Viacom (VIAB) has an average broker rating of 2.38, which is interpreted as a Buy, as rated by 24 equity analysts. Nonetheless, 10 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 11 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 5, which is also a Strong Sell. 2 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company. 1 considers that the stock is a Sell.

Viacom (VIAB) : The consensus price target for Viacom (VIAB) is $47 for the short term with a standard deviation of $11.54. The most optimist securities analyst among the 19 who monitor the stock believes that the stock can reach $82, however, the pessimist price target for the company is $26.


Also, Equity Analysts at the Brokerage Firm, Telsey Advisory Group, downgrades their rating on the shares of Viacom (NASDAQ:VIAB). Telsey Advisory Group has a Market Perform rating on the shares. Previously, the analysts had a Outperform rating on the shares. The rating by the firm was issued on August 26, 2016.

Viacom (NASDAQ:VIAB): The stock opened in the green at $37.3 on Thursday, but the bulls found it difficult to push the prices higher. The stock reached a high of $37.46 and a low of $36.53 for the day. The stock did not find buyers even at the lows and closed at $37.27 recording a loss of -0.45%. 5,200,680 shares exchanged hands during the trading day. The stock had closed at $37.44 in the previous days trading.

Viacom Inc. (Viacom) is an entertainment content company that connects with audiences in over 160 countries and territories and creates compelling television programs, motion pictures, short-form video, applications, games, consumer products, social media and other entertainment content. The Company operates through two segments: Media Networks and Filmed Entertainment. Viacom Media Networks program services reached approximately 700 million households in over 160 countries. Viacom Media Networks operates the international extensions of the multimedia brands MTV, VH1, Nickelodeon, Comedy Central and BET, as well as certain program services. The Companys Filmed Entertainment segment produces, finances, acquires and distributes motion pictures and other entertainment content. under the Paramount Pictures, Paramount Vantage, Paramount Classics, Insurge Pictures, MTV Films and Nickelodeon Movies brands.

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