Analyst Price Target Update on Discovery Communications (NASDAQ:DISCK)

Discovery Communications (NASDAQ:DISCK) stock has received a short term price target of $ 27.33 from 3 Analyst. The share price can be expected to fluctuate from the mean short term target, can be seen from the standard deviation reading of $3.06. The higher estimate of target price is $30 , while the lower price target estimate is $24

Company shares have received an average consensus rating of Hold for the current week

Discovery Communications (NASDAQ:DISCK) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.18 points or 0.71% at $25.08 with 1,043,444 shares getting traded. Post opening the session at $25.27, the shares hit an intraday low of $25.07 and an intraday high of $25.62 and the price was in this range throughout the day. The company has a market cap of $10,175 million and the number of outstanding shares have been calculated to be 405,719,950 shares. The 52-week high of Discovery Communications (NASDAQ:DISCK) is $32.78 and the 52-week low is $23.33.

Discovery Communications, Inc. (Discovery) is a media company. The Company provides content across multiple distribution platforms, including pay-TV, free-to-air and broadcast television, Websites, digital distribution arrangements and content licensing agreements. Discovery operates in three segments: U.S. Networks, consisting of domestic television networks and Websites; International Networks, consisting of international television networks and Websites, and Education and Other. The Companys U.S. Networks segment consists of national television networks. The U.S. Networks segment owns and operates 10 national television networks. The Companys International Networks segment consists of national and pan-regional television networks. The Companys Education and Other segment consists of curriculum-based product and service offerings, and production studios. The Companys subsidiaries include Discovery Holding Company (DHC) and Discovery Communications Holding, LLC (DCH).

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