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 share price target at $117.25. (at the time of writing). Given that the stocks previous close was at $92.18 and the analysts are correct then there would likely be a percentage uptick in value of 27.2%. The day 50 moving average is $93.04 and the 200 day MA is $92.71. The market cap for the company is 21.26B. The stock price is currently at: $91.60 USD
The potential market cap would be $27,044,125,544 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 83.27, revenue per share of $103.85 and a 3.96% 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.
