Live Nation Entertainment, Inc. which can be found using ticker (LYV) now have 17 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between 124 and 85 calculating the mean target price we have $109.88. Given that the stocks previous close was at $86.25 this is indicating there is a potential upside of 27.4%. The day 50 moving average is $89.06 while the 200 day moving average is $77.10. The company has a market capitalization of 20.88B. The current share price for the company is: 87.73 USD
The potential market cap would be $26,604,098,371 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 112.47, revenue per share of 84.47 and a 3.21% 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.
