Caris & Co. Cuts Viacom to Above Average (VIA)

By admin | 6 years ago

Viacom (NYSE: VIA) was downgraded by research analysts at Caris & Co. from an “above average” rating to an “above average” rating in a report released on Friday.

Shares of Viacom opened at 52.16 on Friday. Viacom has a 52 week low of $44.10 and a 52 week high of $60.90. The company has a market cap of $27.531 billion and a P/E ratio of 15.43.

Several other analysts have also recently commented on the stock. Analysts at Nomura (NYSE: NMR) reiterated a “buy” rating on shares of Viacom in a research note to investors on Friday, May 4th. Separately, analysts at Miller Tabak downgraded shares of Viacom to a “neutral” rating in a research note to investors on Thursday, April 12nd. Finally, analysts at Sanford C. Bernstein initiated coverage on shares of Viacom in a research note to investors on Tuesday, February 28th. They set a “market perform” rating and a $50.00 price target on the stock.

Viacom Inc. (Viacom) is an entertainment content company. The Company engages audiences on television, motion picture, Internet and mobile platforms through many of the world’s entertainment brands.

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