Viacom Reaches New 12-Month High at $82.43 (VIA)
Viacom (NYSE:VIA)’s share price reached a new 52-week high during mid-day trading on Wednesday, Stock Ratings Network reports. The stock traded as high as $82.43 and last traded at $82.27, with a volume of 66,228 shares traded. The stock had previously closed at $80.91.
VIA has been the subject of a number of recent research reports. Analysts at Sterne Agee reiterated a “buy” rating on shares of Viacom (NYSE:VIA) in a research note to investors on Thursday, July 18th. They now have a $76.50 price target on the stock. Separately, analysts at Wunderlich raised their price target on shares of Viacom (NYSE:VIA) from $80.00 to $85.00 in a research note to investors on Thursday, July 18th. They now have a “buy” rating on the stock. Finally, analysts at Sanford C. Bernstein upgraded shares of Viacom (NYSE:VIA) to a “market perform” rating in a research note to investors on Thursday, July 11th.
Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $76.50.
Viacom has a 52 week low of $48.12 and a 52 week high of $82.30. The stock has a 50-day moving average of $78.27 and a 200-day moving average of $69.77. The company has a market cap of $39.256 billion and a P/E ratio of 18.24.
Viacom Inc (NYSE:VIA) is an entertainment content company.
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