Zacks Gives Outperform Rating to CBS (CBS)

By admin | 6 years ago

CBS (NYSE: CBS)‘s stock had its “outperform” rating restated by Zacks in a research report issued to clients and investors on Monday. They currently have a $35.00 price target on the stock.

Other equities research analysts have also recently issued reports about the stock. Analysts at UBS AG (NYSE: UBS) raised their price target on shares of CBS to $37.00 in a research note to investors on Wednesday, May 2nd. They now have a “buy” rating on the stock. Separately, analysts at Nomura (NYSE: NMR) reiterated a “neutral” rating on shares of CBS in a research note to investors on Wednesday, May 2nd. Finally, analysts at Benchmark Co. reiterated a “buy” rating on shares of CBS in a research note to investors on Wednesday, May 2nd.

CBS opened at 31.56 on Monday. CBS has a 1-year low of $17.99 and a 1-year high of $35.00. The company has a market cap of $20.455 billion and a price-to-earnings ratio of 14.51.

CBS last released its earnings data on Tuesday, May 1st. The company reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.43 by $0.11. The company’s revenue for the quarter was up 11.7% on a year-over-year basis. Analysts expect that CBS will post $0.64 EPS next quarter.

CBS Corporation is a mass media company. The Company has operations in segments, which include Entertainment, Cable Networks, Publishing, Local Broadcasting and Outdoor.

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