Discovery Communications Inc. (DISCB) Given Consensus Recommendation of “Strong Buy” by Brokerages

Discovery Communications Inc. (NASDAQ:DISCB) has received an average broker rating score of 1.00 (Strong Buy) from the one brokers that cover the company, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy recommendation. Discovery Communications’ rating score has improved by 66.7% from three months ago as a result of a number of analysts’ upgrades and downgrades.

Brokers have set a 12-month consensus target price of $30.00 for the company, according to Zacks. Zacks has also given Discovery Communications an industry rank of 232 out of 265 based on the ratings given to its competitors.

Separately, ValuEngine raised Discovery Communications from a “hold” rating to a “buy” rating in a report on Friday, December 1st.

Shares of Discovery Communications (NASDAQ DISCB) traded down $0.94 during mid-day trading on Thursday, reaching $24.06. The company had a trading volume of 900 shares, compared to its average volume of 1,750. Discovery Communications has a 52-week low of $19.25 and a 52-week high of $29.80. The firm has a market capitalization of $8,490.00, a price-to-earnings ratio of 18.94 and a beta of 1.59. The company has a debt-to-equity ratio of 2.56, a current ratio of 5.87 and a quick ratio of 5.87.

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Discovery Communications Company Profile

Discovery Communications, Inc (Discovery) is a global media company. The Company provides content across multiple distribution platforms, including pay-television (pay-TV), free-to-air (FTA) and broadcast television, Websites, digital distribution arrangements and content licensing agreements. Its segments include U.S.

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