Comcast (NASDAQ:CMCSK) had its price objective raised by Deutsche Bank from $52.00 to $60.00 in a research report released on Tuesday morning, StockRatingsNetwork.com reports.
Deutsche Bank has also taken action a number of other stocks recently. The firm raised its price target on shares of Seagate from $53.00 to $57.00. They have a buy rating on that stock. Also, Deutsche Bank reiterated its buy rating on shares of Barclays. Finally, Deutsche Bank reiterated its sell rating on shares of Trina Solar.
CMCSK has been the subject of a number of other recent research reports. Analysts at Wunderlich raised their price target on shares of Comcast from $58.00 to $63.00 in a research note to investors on Monday. They now have a buy rating on the stock. Separately, analysts at Scotiabank raised their price target on shares of Comcast from $51.00 to $55.00 in a research note to investors on Tuesday, October 22nd. Finally, analysts at Evercore Partners raised their price target on shares of Comcast from $47.00 to $53.00 in a research note to investors on Wednesday, October 2nd. They now have an overweight rating on the stock. One analyst has rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of Buy and a consensus target price of $52.44.
Shares of Comcast (NASDAQ:CMCSK) traded up 1.15% on Tuesday, hitting $46.51. The stock had a trading volume of 1,412,874 shares. Comcast has a 52-week low of $33.87 and a 52-week high of $46.00. The stock’s 50-day moving average is $44.12 and its 200-day moving average is $41.45. The company has a market cap of $122.1 billion and a price-to-earnings ratio of 18.15.
Comcast (NASDAQ:CMCSK) last released its earnings data on Wednesday, October 30th. The company reported $0.65 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.63 by $0.02. Analysts expect that Comcast will post $2.49 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Thursday, January 23rd. Investors of record on Thursday, January 2nd will be paid a dividend of $0.20 per share. This represents a $0.78 annualized dividend and a dividend yield of 1.70%. The ex-dividend date is Monday, December 30th.
Comcast Corporation (NASDAQ:CMCSK) is a provider of entertainment, information and communications products and services.
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