Analysts at Wall Street have issued the stocks of LYV with a hold rating based on the ten different brokerage firms that were covering it. According to a report, six of the analysts provided the stocks with a rating of hold, while four of them gave the company a rating of buy. The price target of the company is $59.38- which has been calculated over the entire year.
The Quarterly Estimate of LYV
There have been quite a few brokerage firms that have commented on the stocks of LYV. Macquarrie was the first one to reduce the rating of the company from outperform to neutral, along with a price target set at $65. This was later published in a 30th November research report. Zacks Investment Research went the other way to increase the rating from sell to hold.
Jefferies Financial swung again- reducing the rating from buy to hold- with a price target increased from $55 to $57. This was later published in an October 27th research note. Morgan Stanley has also increased the price target of LYV from $56 to $70 – with a rating of equal weight in a 17th December research note.
The stocks of LYV traded on Friday at $74.34. The market cap of LYV has been set at $16.14 billion- with a 1.38 beta, and a -10.71 PE ratio. The company has a year low of $21.70, with a year high of $78. The moving average price of the company over a period of 50 days is $72.02, while the moving average price of the company over 200 days is $60.82. The firm also has a 1.08 quick ratio, with a 19.63 debt-to-equity ratio.
