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Stock analysts at Topeka Capital Markets initiated coverage on shares of Discovery Communications (NASDAQ:DISCK) in a report issued on Friday, TheFlyOnTheWall.com reports. The firm set a “buy” rating on the stock.

Discovery Communications (NASDAQ:DISCK) traded down 0.53% on Friday, hitting $73.59. The stock had a trading volume of 696,340 shares. Discovery Communications has a 1-year low of $60.94 and a 1-year high of $84.04. The stock has a 50-day moving average of $78.60 and a 200-day moving average of $76.41. The company has a market cap of $26.198 billion and a P/E ratio of 26.83.

Discovery Communications (NASDAQ:DISCK) last released its earnings data on Thursday, October 31st. The company reported $0.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.71 by $0.09. Analysts expect that Discovery Communications will post $3.11 EPS for the current fiscal year.

A number of other firms have also recently commented on DISCK. Analysts at Nomura initiated coverage on shares of Discovery Communications in a research note to investors on Wednesday, January 15th. They set a “buy” rating on the stock. Separately, analysts at Sanford C. Bernstein raised their price target on shares of Discovery Communications from $98.00 to $103.00 in a research note to investors on Tuesday, November 5th. Finally, analysts at RBC Capital raised their price target on shares of Discovery Communications from $90.00 to $96.00 in a research note to investors on Friday, November 1st. They now have an “outperform” rating on the stock. Four analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $92.25.

Discovery Communications, Inc (NASDAQ:DISCK) is a global nonfiction media and entertainment company that provide programming across multiple distribution platforms worldwide.

The Fly On The Wall

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