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Shares of Discovery Communications (NASDAQ:DISCA) have been given a consensus rating of “Hold” by the twenty analysts that are currently covering the company, StockRatingsNetwork reports. Ten investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $88.60.

A number of analysts have recently weighed in on DISCA shares. Analysts at Barclays cut their price target on shares of Discovery Communications from $87.00 to $48.00 in a research note on Thursday. They now have an “overweight” rating on the stock. Separately, 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. Finally, 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.

Shares of Discovery Communications (NASDAQ:DISCA) opened at 44.30 on Wednesday. Discovery Communications has a one year low of $36.5662 and a one year high of $46.3771. The stock’s 50-day moving average is $42.35 and its 200-day moving average is $40.90. The company has a market cap of $30.390 billion and a price-to-earnings ratio of 27.48.

Discovery Communications (NASDAQ:DISCA) last released its earnings data on Thursday, July 31st. The company reported $1.16 earnings per share (EPS) for the quarter, beating the 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 previous year, the company posted $0.82 earnings per share. The company’s revenue for the quarter was up 9.7% on a year-over-year basis. On average, analysts predict that Discovery Communications will post $1.86 earnings per share for the current fiscal year.

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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