Discovery Communications (NASDAQ:DISCK) has received a short term rating of strong buy from experts at Zacks with a rank of 1. The stock has been rated an average of 3 by 3 Brokerage Firm. 3 Brokerage Firms have advised hold.
Discovery Communications (NASDAQ:DISCK): 3 Brokerage firm Analysts have agreed with the mean estimate for the short term price target of $27.33 in Discovery Communications (NASDAQ:DISCK). However, the stock price could fluctuate by $ 3.06 from the estimate as it is suggested by the standard deviation reading. The higher estimate has been put at $30 price target with the lower price estimate is calculated at $24
Discovery Communications (NASDAQ:DISCK) witnessed a decline in the market cap on Tuesday as its shares dropped 1.48% or 0.37 points. After the session commenced at $25, the stock reached the higher end at $25.0661 while it hit a low of $24.41. With the volume soaring to 1,210,086 shares, the last trade was called at $24.66. The company has a 52-week high of $32.78. The company has a market cap of $10,005 million and there are 405,719,950 shares in outstanding. The 52-week low of the share price is $23.33.
Discovery Communications, Inc. has lost 0.64% in the last five trading days and dropped 2.03% in the last 4 weeks. Discovery Communications, Inc. has dropped 9.77% during the last 3-month period . Year-to-Date the stock performance stands at -2.22%.
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).