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Discovery Communications Inc. Series A (NASDAQ:DISCA)‘s stock had its “outperform” rating reiterated by analysts at FBR Capital Markets in a research report issued to clients and investors on Tuesday, Analyst Ratings Network.com reports. They currently have a $93.00 target price on the stock. FBR Capital Markets’ target price would indicate a potential upside of 23.34% from the stock’s previous close.

Discovery Communications Inc. Series A (NASDAQ:DISCA) traded up 0.58% during mid-day trading on Tuesday, hitting $75.84. The stock had a trading volume of 962,679 shares. Discovery Communications Inc. Series A has a 52-week low of $72.77 and a 52-week high of $90.76. The stock’s 50-day moving average is $81.19 and its 200-day moving average is $83.20. The company has a market cap of $26.452 billion and a P/E ratio of 25.39.

Discovery Communications Inc. Series A (NASDAQ:DISCA) last issued its quarterly earnings data on Thursday, February 13th. The company reported $0.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.03. The company had revenue of $1.54 billion for the quarter, compared to the consensus estimate of $1.56 billion. During the same quarter in the previous year, the company posted $0.61 earnings per share. The company’s revenue for the quarter was up 28.1% on a year-over-year basis. On average, analysts predict that Discovery Communications Inc. Series A will post $3.65 earnings per share for the current fiscal year.

A number of other firms have also recently commented on DISCA. Analysts at Morgan Stanley reiterated an “equal weight” rating on shares of Discovery Communications Inc. Series A in a research note on Monday, April 14th. They now have a $87.00 price target on the stock. Separately, analysts at Zacks upgraded shares of Discovery Communications Inc. Series A from a “sell” rating to a “hold” rating in a research note on Friday, March 14th. They now have a $87.00 price target on the stock. Finally, analysts at Guggenheim upgraded shares of Discovery Communications Inc. Series A from a “neutral” rating to a “buy” rating in a research note on Friday, February 14th. Eleven research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $89.88.

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

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