Live Nation Entertainment (LYV) : The consensus on Live Nation Entertainment (LYV) based on 8 analyst recommendation on the company stock is 1.25, which is interpreted as a Strong Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 7 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
Live Nation Entertainment (LYV) : Average target price received by Live Nation Entertainment (LYV) is $31 with an expected standard deviation of $1.41. The most aggressive target on the stock is $34, whereas the most downbeat target is $30. 7 financial analysts are currently covering the stock.
For the current week, the company shares have a recommendation consensus of Buy.
Live Nation Entertainment (NYSE:LYV): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $26.35 and $26.24 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $26.74. The buying momentum continued till the end and the stock did not give up its gains. It closed at $26.64, notching a gain of 1.02% for the day. The total traded volume was 939,437 . The stock had closed at $26.37 on the previous day.
Live Nation Entertainment, Inc. (Live Nation) is a live entertainment company. The Company core businesses consist of the promotion of live events, including ticketing, sponsorship and advertising, and artist management. The Company operates through four segments: segments are Concerts, Ticketing, Artist Nation and Sponsorship & Advertising. It connects around 519 million fans across its platforms in 33 countries. The Company is a producer of live music concerts around the world that connects nearly 59 million fans to almost 23,000 events for over 2,700 artists. The Concerts segment is involved in the global promotion of live music events. The Ticketing segment is primarily an agency business that sells tickets for events. The Artist Nation segment is a provider of management services to music artists. The Sponsorship & Advertising segment, through a sales force, creates and maintains relationships with sponsors to allow businesses to reach customers.