Live Nation Entertainment, Inc. with ticker code (LYV) have now 18 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between $132.00 and $90.00 with the average share target price sitting at $117.25. (at the time of writing). Given that the stocks previous close was at $88.06 this now indicates there is a potential upside of 33.1%. Also worth taking note is the 50 day moving average now sits at $93.29 and the 200 moving average now moves to $92.47. The market capitalization for the company is 20.89B. The stock price for the company is currently $90.00 USD
The potential market cap would be $27,814,932,106 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 81.82, 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.
