BidaskClub lowered shares of Discovery Communications (NASDAQ:DISCK) from a buy rating to a hold rating in a report issued on Wednesday, February 7th.
Several other brokerages have also issued reports on DISCK. ValuEngine lowered shares of Discovery Communications from a buy rating to a hold rating in a research note on Friday, February 2nd. Morgan Stanley increased their price objective on shares of Discovery Communications from $22.00 to $29.00 and gave the company an equal weight rating in a research report on Wednesday, January 31st. Finally, Zacks Investment Research raised shares of Discovery Communications from a strong sell rating to a hold rating in a report on Tuesday, January 9th. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The company has a consensus rating of Hold and a consensus target price of $29.00.
Shares of Discovery Communications (DISCK) traded down $0.17 during midday trading on Wednesday, reaching $22.65. 1,778,939 shares of the company’s stock traded hands, compared to its average volume of 2,934,900. The company has a quick ratio of 5.87, a current ratio of 5.87 and a debt-to-equity ratio of 2.56. The company has a market cap of $8,585.57, a price-to-earnings ratio of 11.86 and a beta of 1.45. Discovery Communications has a 1-year low of $14.99 and a 1-year high of $29.18.
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About Discovery Communications
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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