Live Nation Entertainment, Inc. which can be found using ticker (LYV) have now 18 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $128.00 and $85.00 calculating the average target price we see $110.61. Given that the stocks previous close was at $89.82 this now indicates there is a potential upside of 23.1%. The day 50 moving average is $83.72 and the 200 moving average now moves to $80.88. The company has a market cap of 20.05B. The current share price for the company is: $87.04 USD
The potential market cap would be $24,687,736,967 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 58.03, revenue per share of $92.95 and a 3.86% 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.
