Discovery Communications Hits New 1-Year High at $43.56 (DISCK)
Shares of Discovery Communications (NASDAQ:DISCK) hit a new 52-week high during trading on Tuesday , Analyst Ratings.Net reports. The stock traded as high as $43.56 and last traded at $43.47, with a volume of 1,242,917 shares. The stock had previously closed at $42.97.
Separately, analysts at BTIG Research downgraded shares of Discovery Communications from a “buy” rating to a “neutral” rating in a research note on Wednesday, June 25th. Three analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $93.10.
The stock has a 50-day moving average of $41.39 and a 200-day moving average of $38.39. The company has a market cap of $29.841 billion and a P/E ratio of 26.38.
Discovery Communications (NASDAQ:DISCK) last posted its quarterly earnings results on Thursday, July 31st. The company reported $1.16 EPS for the quarter. Analysts expect that Discovery Communications will post $1.88 EPS for the current fiscal year.
Discovery Communications, Inc (NASDAQ:DISCK) is a global nonfiction media and entertainment company that provide programming across multiple distribution platforms worldwide.
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