Live Nation Entertainment, Inc. with ticker code (LYV) now have 18 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $132.00 and $90.00 and has a mean target at $117.14. Given that the stocks previous close was at $90.53 this would indicate that there is a potential upside of 29.4%. There is a 50 day moving average of $95.53 and the 200 moving average now moves to $90.55. The total market capitalization for the company now stands at 20.77B. The stock price is currently at: $89.75 USD
The potential market cap would be $26,877,645,527 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 82.34, revenue per share of $102.30 and a 3.53% 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.
