Brokerages Set $30.00 Target Price for Discovery Communications Inc. (DISCB)

Discovery Communications Inc. (NASDAQ:DISCB) has received an average broker rating score of 1.00 (Strong Buy) from the one analysts that cover the company, Zacks Investment Research reports. One equities 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 various analysts’ upgrades and downgrades.

Analysts have set a one year consensus target price of $30.00 for the company, according to Zacks. Zacks has also assigned Discovery Communications an industry rank of 203 out of 265 based on the ratings given to its competitors.

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

Shares of Discovery Communications (NASDAQ:DISCB) opened at $26.10 on Friday. The stock has a market cap of $9,893.31, a PE ratio of 13.66 and a beta of 1.53. The company has a debt-to-equity ratio of 2.56, a current ratio of 5.87 and a quick ratio of 5.87. Discovery Communications has a 52-week low of $19.25 and a 52-week high of $29.80.

Discovery Communications (NASDAQ:DISCB) last released its quarterly earnings data on Thursday, November 2nd. The company reported $0.43 earnings per share (EPS) for the quarter. Discovery Communications had a net margin of 16.63% and a return on equity of 22.24%.

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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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