Discovery Communications, Inc. (NASDAQ:DISCK) Broker Price Targets For The Coming Week

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DISCA has been the topic of a number of other reports.

Equities research analysts at Jefferies Group upped their FY2017 earnings per share estimates for Discovery Communications in a research report issued to clients and investors on Tuesday. Analysts reported that the Price Target for Discovery Communications, Inc. might touch $36 high while the Average Price Target and Low price Target is $26.43 and $19 respectively. UBS AG upgraded Discovery Communications from a "sell" rating to a "neutral" rating and decreased their price target for the stock from $25.00 to $23.00 in a research report on Tuesday, September 26th. They see Teck Resources Limited (TECK) price hitting a mean target of $27.62 a share, meaning the stock still has potential that could lift the price another 20.88% Also, the recent close suggests the stock is underpriced by 48.93% compared to the most bullish target. The rating was upgraded by Pivotal Research on Thursday, August 6 to "Buy". Four investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and four have assigned a buy rating to the company. The consensus rating is 2.5, suggesting the market has given up on the stock. About 2.89 million shares traded or 8.24% up from the average. The company P/S (price to Sales) ratio is 1.09, P/B (price to Book) ratio is 1.34, while its P/C (price to Cash) ratio stands at 34.7. Discovery Communications, Inc. has a one year low of $19.27 and a one year high of $30.25. Moving toward the technical facts, its current distance from 20-Day Simple Moving Average is -9.46% and standing -12.67% away from 50-Day Simple Moving Average while traded down -25.96% from 200-Day Simple Moving Average.

Discovery Communications (NASDAQ:DISCK) last released its quarterly earnings data on Monday, July 31st. As of the latest earnings report the EPS was $1.88 and is projected to be $2.12 for the current year with 570,000,000 shares now outstanding. Discovery Communications has a consensus rating of Hold and an average target price of $29.00.

Discovery Communications Srs A (NASDAQ:DISCA) had an increase of 4.82% in short interest. The firm's revenue for the quarter was up 2.2% compared to the same quarter a year ago. Comparatively, DISCA posted earnings of $0.56 per share in the same quarter, a year earlier.

03/03/2015 - Discovery Communications, Inc. was downgraded to "neutral" by analysts at Zacks. If you are accessing this story on another website, it was illegally copied and republished in violation of United States & worldwide trademark & copyright legislation. The shares were purchased at an average price of $22.71 per share, with a total value of $227,100.00. The portion of a company's profit allocated to each outstanding share of common stock was $1.59 a share in the trailing twelve months. (NASDAQ:DISCA) by 126.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission.

4,688K shares changed hands by the end of trading on Friday. The shares were purchased at an average price of $22.71 per share, for a total transaction of $227,100.00. The disclosure for this purchase can be found here. Cadence Capital Management LLC now owns 8,111 shares of the company's stock worth $204,000 after acquiring an additional 55 shares during the period.

Other large investors also recently added to or reduced their stakes in the company. FMR LLC grew its holdings in Discovery Communications by 32.7% during the 2nd quarter. The percentage of shares being held by the company management was 43.94% while institutional stake was 56.31%. Hotchkis & Wiley Capital Management LLC now owns 18,606,223 shares of the company's stock valued at $480,599,000 after purchasing an additional 917,632 shares during the last quarter. Piper Jaffray Companies initiated coverage on Discovery Communications in a research report on Friday, August 11th. Raymond James Financial Services Advisors Inc. acquired a new position in Discovery Communications in the first quarter valued at approximately $368,000. Company insiders own 6.81% of the company's stock.

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