Zacks: Discovery Inc Series B (DISCB) Given Consensus Rating of “Strong Buy” by Analysts
Discovery Inc Series B (NASDAQ:DISCB) has received a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that cover the stock, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy recommendation.
Brokerages have set a 1 year consensus price target of $30.00 for the company, according to Zacks. Zacks has also given Discovery Inc Series B an industry rank of 108 out of 255 based on the ratings given to its competitors.
Separately, ValuEngine cut shares of Discovery Inc Series B from a “hold” rating to a “sell” rating in a research note on Tuesday, July 24th.
Discovery Inc Series B (NASDAQ:DISCB) last announced its quarterly earnings results on Tuesday, August 7th. The company reported $0.66 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.17). The company had revenue of $2.85 billion during the quarter. Discovery Inc Series B had a negative net margin of 8.28% and a positive return on equity of 17.68%.
About Discovery Inc Series B
Discovery, Inc operates as a media company worldwide. The company operates through U.S. Networks, International Networks, and Education and Other segments. It owns and operates various television networks under the Discovery Channel, TLC, Animal Planet, Investigation Discovery, Science Channel, Velocity, Discovery Family Channel, Destination America, American Heroes Channel, Discovery Life, The Oprah Winfrey Network, Eurosport, Discovery Kids, DMAX, and Discovery Home & Health brands, as well as other regional television networks.
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