DISCA Has Been Upgraded To A Rating Of Equal Weight By Brokerages

DISCA
DISCA

The stocks of DISCA have been upgraded by stock analysts working at Barclays from a rating of underweight to a rating of equal weight in a Friday research report. Currently, the company has a price target of $35 on the stock of the company, which is an increase from the previous price target of $34. The price target put forward by the brokerage firm indicates an annual reduction of 3.45% from the previous close of the company. 

The Stock Commentary Of DISCA

There have been quite a few research equities that have commented on the stocks of DISCA. Citigroup has already reduced the rating of the company from buy to neutral with a price target from $36 to $46 in a Monday research note. Deutsche Bank has also increased the price target of the company from $35 to $60 with a rating of buy in a 13th April research note.

Macquarie has also increased the rating of the company from underperform to neutral with a price target that was reduced from $52 to $40 in a Thursday research report.

Twelve of the investment analysts have already provided the stocks with a rating of hold, while seven others gave the company a rating of buy. Currently, the company has a hold rating with a $40.40 price target. 

The stocks of DISCA traded on Friday at $36.25. The market cap of the firm is $17.67 billion, with a 17.60 PE ratio, along with a 0.88 PEG ratio. The quick ratio of the company is 1.99, with a 1.99 current ratio, along with a 1.29 debt-to-equity ratio. The year low of the company is $18.56, with the year high coming to $78.14. The moving average price of the company over a period of 50 days is $45.59, with the moving average price of the company over a period of 200 days is $38.50.

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