Paramount Global – Consensus ‘hold’ rating and 27.3% Upside Potential

Broker Ratings
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Paramount Global which can be found using ticker (PARA) have now 25 confirmed analysts covering the stock with the consensus suggesting a rating of ‘hold’. The range between the high target price and low target price is between 32 and 11 with the average target price sitting at $19.08. Given that the stocks previous close was at $14.99 this is indicating there is a potential upside of 27.3%. The 50 day moving average now sits at $20.00 and the 200 day moving average is $20.57. The market capitalization for the company is 9.81B. The current share price for the company is: 14.92 USD

The potential market cap would be $12,485,567,661 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 -, revenue per share of 46.33 and a 2.67% return on assets.

Paramount Global is a global media, streaming and entertainment company that creates content for audiences worldwide. The Company’s segments include TV Media, Direct-to-Consumer and Filmed Entertainment. The TV Media segment consists of its domestic and international broadcast networks and owned television stations; domestic and international extensions of its cable networks, and domestic and international television studio operations, and production and distribution of first-run syndicated programming. The Direct-to-Consumer segment consists of its portfolio of domestic and international pay and free streaming services. The Filmed Entertainment segment consists of its production and acquisition of films, series and short-form content for release and licensing in media around the world, including in theaters, on streaming services, on television, and through digital home entertainment and digital versatile discs (DVDs).

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