Live Nation Entertainment, Inc. with ticker code (LYV) have now 17 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The target price High/Low ranges between $130.00 and $85.00 calculating the mean target price we have $116.88. Given that the stocks previous close was at $95.32 this would imply there is now a potential upside of 22.6%. The 50 day MA is $90.66 while the 200 day moving average is $86.81. The company has a market cap of 21.27B. The current share price for the company is: $92.17 USD
The potential market cap would be $26,084,216,739 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 67.28, 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.
