Live Nation Entertainment, Inc. with ticker code (LYV) now have 17 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between $130.00 and $85.00 with the average target price sitting at $116.88. Now with the previous closing price of $96.98 this now indicates there is a potential upside of 20.5%. It’s also worth noting that there is a 50 day moving average of $91.00 and the 200 day moving average is $87.22. The company has a market capitalization of 22.42B. The current share price for the company is: $97.15 USD
The potential market cap would be $27,022,957,588 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 70.91, revenue per share of $99.50 and a 3.84% return on assets.
Live Nation Entertainment, Inc. is a live entertainment ticketing, sales, and marketing company. The Company is a producer of live music concerts. The Company operates through three segments: Concerts, Ticketing, and Sponsorship & Advertising. Concerts segment principally involves in the global promotion of live music events in the Company’s owned or operated venues and in rented third-party venues. Ticketing segment is primarily an agency business that sells tickets for events on behalf of its clients and retains a portion of the service charge as its fee. Sponsorship & Advertising segment employs a sales force that creates and maintains relationships with sponsors through a combination of strategic, international, national and local opportunities that allow businesses to reach customers through its concert, festival, venue and ticketing assets, including advertising on its websites.
