World Wrestling Entertainment, with ticker code (WWE) now have 12 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 75 and 45 with a mean TP of 61.42. Now with the previous closing price of 47.81 this indicates there is a potential upside of 28.5%. The 50 day moving average now sits at 49.59 and the 200 day moving average is 53.78. The market cap for the company is $3,921m. Find out more information at: https://corporate.wwe.com
The potential market cap would be $5,037m based on the market concensus.
World Wrestling Entertainment, an integrated media and entertainment company, engages in the sports entertainment business in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. It operates through three segments: Media, Live Events, and Consumer Products. The Media segment engages in the production and monetization of long-form and short-form video content across various platforms, including WWE Network, broadcast and pay television, and digital and social media, as well as filmed entertainment. The Live Events segment is involved in the sale of tickets; provision of event services; and sale of travel packages related to its live events. The Consumer Products segment engages in merchandising of WWE branded products, such as video games, toys, apparel, and books through licensing arrangements and direct-to-consumer sales, as well as through e-commerce platforms. World Wrestling Entertainment was founded in 1980 and is headquartered in Stamford, Connecticut.
