Discovery Communications, Inc. (NASDAQ:DISCB) has received an average broker rating score of 3.00 (Hold) from the one analysts that cover the company, Zacks Investment Research reports. One research analyst has rated the stock with a hold rating.

Analysts have set a twelve-month consensus price target of $32.00 for the company, according to Zacks. Zacks has also given Discovery Communications an industry rank of 90 out of 265 based on the ratings given to its competitors.

Separately, Zacks Investment Research downgraded shares of Discovery Communications from a “hold” rating to a “sell” rating in a research note on Monday, July 17th.

COPYRIGHT VIOLATION NOTICE: “Zacks: Discovery Communications, Inc. (DISCB) Receives Average Rating of “Hold” from Analysts” was first reported by Daily Political and is the sole property of of Daily Political. If you are viewing this article on another publication, it was illegally stolen and reposted in violation of United States and international trademark & copyright laws. The legal version of this article can be read at https://www.dailypolitical.com/2017/08/08/zacks-discovery-communications-inc-discb-receives-average-rating-of-hold-from-analysts.html.

Discovery Communications (NASDAQ:DISCB) remained flat at $26.45 during mid-day trading on Thursday. The company had a trading volume of 229 shares. Discovery Communications has a 1-year low of $25.21 and a 1-year high of $30.80. The company has a market cap of $15.08 billion, a price-to-earnings ratio of 14.03 and a beta of 1.58. The company’s 50-day moving average is $27.23 and its 200 day moving average is $27.84.

Discovery Communications (NASDAQ:DISCB) last posted its quarterly earnings results on Monday, July 31st. The company reported $0.68 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.72 by $0.04. Discovery Communications had a net margin of 16.88% and a return on equity of 22.74%. The company had revenue of $1.75 billion for the quarter. On average, analysts expect that Discovery Communications will post $2.13 EPS for the current year.

Discovery Communications Company Profile

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.

Get a free copy of the Zacks research report on Discovery Communications (DISCB)

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.