Live Nation Entertainment, Inc. which can be found using ticker (LYV) have now 17 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The target price High/Low ranges between 124 and 85 calculating the mean target price we have $108.76. Now with the previous closing price of $82.86 this would imply there is now a potential upside of 31.3%. The 50 day MA is $89.11 and the 200 day moving average is $77.99. The company has a market capitalization of 18.57B. The stock price for the company is currently 80.7 USD
The potential market cap would be $24,378,706,290 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 72.7, 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.
