Short Term Rating on Discovery Communications (DISCK)

Discovery Communications (DISCK) has an average broker rating of 3, which is interpreted as a Hold, as rated by 3 equity analysts. Nevertheless, the majority of 3 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 1, which is also a Strong Buy.

Discovery Communications (DISCK) : Currently there are 3 street experts covering Discovery Communications (DISCK) stock. The most bullish and bearish price target for the stock is $30 and $24 respectively for the short term. The average price target of all the analysts comes to $27.33. The estimated standard deviation from the target is $3.06.

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


Discovery Communications (NASDAQ:DISCK): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $24.45 and $24.39 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $24.63. The buying momentum continued till the end and the stock did not give up its gains. It closed at $24.55, notching a gain of 1.24% for the day. The total traded volume was 1,759,370 . The stock had closed at $24.25 on the previous day.

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).

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.