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Shares of Discovery Communications (NASDAQ:DISCA) have received an average recommendation of “Hold” from the twenty-one ratings firms that are currently covering the company, ARN reports. Ten research analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $91.13.

Discovery Communications (NASDAQ:DISCA) traded up 0.18% on Wednesday, hitting $44.51. 136,817 shares of the company’s stock traded hands. Discovery Communications has a 52 week low of $36.5662 and a 52 week high of $46.3771. The stock has a 50-day moving average of $41.85 and a 200-day moving average of $40.81. The company has a market cap of $30.534 billion and a P/E ratio of 27.27.

Discovery Communications (NASDAQ:DISCA) last posted its quarterly earnings results on Thursday, July 31st. The company reported $1.16 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.95 by $0.21. The company had revenue of $1.61 billion for the quarter, compared to the consensus estimate of $1.60 billion. During the same quarter in the prior year, the company posted $0.82 earnings per share. The company’s quarterly revenue was up 9.7% on a year-over-year basis. Analysts expect that Discovery Communications will post $1.86 EPS for the current fiscal year.

DISCA has been the subject of a number of recent research reports. Analysts at Guggenheim downgraded shares of Discovery Communications from a “buy” rating to a “neutral” rating in a research note on Friday, August 1st. They now have a $92.00 price target on the stock, up previously from $89.00. Separately, analysts at Evercore Partners raised their price target on shares of Discovery Communications from $84.00 to $90.00 in a research note on Wednesday, July 30th. Finally, analysts at Topeka Capital Markets raised their price target on shares of Discovery Communications from $91.00 to $96.00 in a research note on Friday, July 18th. They now have a “buy” rating on the stock.

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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