Comcast (CMCSA) stock was down on Friday alongside several analyst updates following the media and technology company’s latest earnings report.
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Let’s dive into the latest analyst ratings and price targets below.
- Morgan Stanley analyst Sean Diffley reiterated a Hold rating and increased his price target to $33 from $31, representing a potential 8.91% upside.
- Evercore ISI analyst Kutgun Maral maintained a Buy rating and increased his price target to $36 from $35, representing a potential 18.81% upside.
- Five-star Barclays analyst Kannan Venkateshwar reiterated a Hold rating and maintained his price target at $28, representing a potential 7.59% downside.
- Five-star Deutsche Bank analyst Bryan Kraft downgraded the stock to Hold and lowered his price target to $34 from $35, representing a potential 12.21% upside.
- Five-star RBC Capital analyst Jonathan Atkin kept a Hold rating and increased his price target to $32 from $31, representing a potential 5.61% upside.
- Four-star TD Cowen analyst Gregory Williams reiterated a Buy rating and maintained his price target at $39, representing a potential 28.71% upside.
- Four-star KeyBanc analyst Brandon Nispel maintained a Hold rating and did not provide a price target.
- Five-star Bank of America analyst Jessica Reif Ehrlich reiterated a Buy rating and maintained her price target at $37, representing a potential 22.11% upside.
- Five-star Goldman Sachs analyst Mike Ng maintained a Hold rating but increased his price target to $29 from $28, representing a potential 4.29% downside.
Comcast Stock Movement Today
Comcast stock was down 5.26% on Friday but was still up 9.45% year-to-date. The stock has fallen 6.67% over the past 12 months.
Trading activity today saw some 2.16 million shares change hands, compared to a three-month average daily trading volume of about 32.41 million shares.
Is Comcast Stock a Buy, Sell, or Hold?
Turning to Wall Street, the analysts’ consensus rating for Comcast is Hold, based on four Buy, 12 Hold, and two Sell ratings over the past three months. With that comes an average CMCSA stock price target of $32.38, representing a potential 8.24% upside for the shares.
