Live Nation Entertainment, Inc. which can be found using ticker (LYV) have now 19 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $130.00 and $85.00 calculating the average target share price we see $118.04. (at the time of writing). Now with the previous closing price of $90.54 this now indicates there is a potential upside of 30.4%. The day 50 moving average is $98.48 and the 200 day MA is $89.83. The company has a market cap of 20.58B. The stock price for the company is currently $88.91 USD
The potential market cap would be $26,829,781,372 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 64.9, revenue per share of $99.50 and a 3.84% 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.
