Discovery Communications Inc. (DISCB) Rating Increased to Hold at Zacks Investment Research
Discovery Communications Inc. (NASDAQ:DISCB) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a note issued to investors on Monday.
According to Zacks, “DISCOVERY COMMUNICATIONS is the world’s No. 1 nonfiction media company reaching more than 1.5 billion cumulative subscribers in over 170 countries. Discovery empowers people to explore their world and satisfy their curiosity through 100-plus worldwide networks, led by Discovery Channel, TLC, Animal Planet, Science Channel, Planet Green, Investigation Discovery and HD Theater, as well as leading consumer and educational products and services, and a diversified portfolio of digital media services including HowStuffWorks.com. “
Discovery Communications (NASDAQ:DISCB) opened at 28.25 on Monday. Discovery Communications has a 12 month low of $23.85 and a 12 month high of $29.57. The firm’s 50 day moving average price is $26.71 and its 200 day moving average price is $26.58. The stock has a market cap of $12.91 billion, a price-to-earnings ratio of 15.97 and a beta of 1.55.
ILLEGAL ACTIVITY WARNING: “Discovery Communications Inc. (DISCB) Rating Increased to Hold at Zacks Investment Research” was originally posted by Daily Political and is the propert of of Daily Political. If you are accessing this report on another domain, it was illegally copied and republished in violation of United States & international copyright & trademark law. The legal version of this report can be read at http://www.dailypolitical.com/2016/11/30/discovery-communications-inc-discb-rating-increased-to-hold-at-zacks-investment-research.html.
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 and broadcast television, Websites, digital distribution arrangements and content licensing agreements. Its segments are U.S.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Discovery Communications Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Discovery Communications Inc. and related companies with MarketBeat.com's FREE daily email newsletter.