CBS Corporation (CBS) : Zacks Investment Research ranks CBS Corporation (CBS) as 3, which is a Hold recommendation. 14 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 3 other analysts are mildly bullish on the stock and favor a Buy. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 3 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 21 research analysts is 1.62, which indicates as a Buy.
CBS Corporation (CBS) : 19 Wall Street analysts covering CBS Corporation (CBS) believe that the average level the stock could reach for the short term is $63.16. The maximum price target given is $70 and the minimum target for short term is around $51, hence the standard deviation is calculated at $4.99.
Shares of CBS Corporation appreciated by 2.35% during the last five trading days but lost 2.98% on a 4-week basis. CBS Corporation has dropped 0.79% during the last 3-month period . Year-to-Date the stock performance stands at 12.68%. CBS Corporation (NYSE:CBS): stock turned positive on Tuesday. Though the stock opened at $52.88, the bulls momentum made the stock top out at $53 level for the day. The stock recorded a low of $52.54 and closed the trading day at $52.8, in the green by 0.23%. The total traded volume for the day was 4,050,645. The stock had closed at $52.68 in the previous days trading.
CBS Corporation is a mass media company. The Company operates through segments, including Entertainment, Cable Networks, Publishing and Local Broadcasting. The Entertainment segment is composed of the CBS Television Network, CBS Television Studios, CBS Global Distribution Group, CBS Interactive and CBS Films. The Cable Networks segment is composed of Showtime Networks, which operates program services, such as Showtime, The Movie Channel, and Flix; CBS Sports Network, and Smithsonian Networks, which operates a program service, Smithsonian Channel. The Publishing segment is composed of Simon & Schuster, which publishes and distributes consumer books under imprints such as Simon & Schuster, Pocket Books, Scribner and Atria Books. The Local Broadcasting segment is composed of CBS Television Stations, the Companys 30 owned broadcast television stations, and CBS Radio, through which the Company owns and operates 117 radio stations in 26 United States markets.