Live Nation Entertainment Inc. Reaches New 12-Month High at $21.70 (LYV)
Live Nation Entertainment (NYSE:LYV)’s share price reached a new 52-week high during trading on Friday, AnalystRatingsNetwork.com reports. The stock traded as high as $21.70 and last traded at $21.40, with a volume of 1,425,572 shares traded. The stock had previously closed at $21.12.
A number of analysts have recently weighed in on LYV shares. Analysts at ISI Group initiated coverage on shares of Live Nation Entertainment in a research note to investors on Friday. They set a “buy” rating on the stock. Separately, analysts at Sterne Agee initiated coverage on shares of Live Nation Entertainment in a research note to investors on Friday, January 17th. They set a “buy” rating and a $24.00 price target on the stock. Finally, analysts at Macquarie initiated coverage on shares of Live Nation Entertainment in a research note to investors on Thursday, January 2nd. They set an “outperform” rating and a $19.76 price target on the stock. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Live Nation Entertainment presently has an average rating of “Buy” and an average price target of $23.13.
Live Nation Entertainment has a 1-year low of $9.67 and a 1-year high of $21.44. The stock’s 50-day moving average is $20.50 and its 200-day moving average is $18.5. The company’s market cap is $4.210 billion.
Live Nation Entertainment, Inc (NYSE:LYV), is a live entertainment company connecting more than 250 million fans across all of our platforms to over 180,000 events in approximately 47 countries.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.