# Live Nation Entertainment, Inc. – Consensus ‘buy’ rating and 22.7% Upside Potential

- Link: https://www.directorstalkinterviews.com/live-nation-entertainment-inc.consensus-buy-rating-and-22.7-upside-potential/4121156597
- Published: 2024-05-14T13:15:47+01:00
- Author: Charlotte Edwards

**Live Nation Entertainment, Inc.** with ticker code (LYV) now have 19 market analysts
covering the stock. The analyst consensus now points to a rating of ‘buy’. The target
price High/Low ranges between $132.00 and $90.00 with the average target price sitting
at $119.04. Now with the previous closing price of $97.02 and the analysts are correct
then we can expect a percentage increase in value of 22.7%. The 50 day MA is $98.55
and the 200 moving average now moves to $89.72. The company has a market cap of 
22.12B. The stock price for the company is currently $95.59 USD

 The potential market cap would be $27,144,895,043 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 87.7, revenue per share of $102.30
and a 3.53% return on assets.

Live Nation Entertainment, Inc. is a live entertainment ticketing, sales, and marketing
company. The Company is a producer of live music concerts. The Company operates 
through three segments: Concerts, Ticketing, and Sponsorship & Advertising. Concerts
segment principally involves in the global promotion of live music events in the
Company’s owned or operated venues and in rented third-party venues. Ticketing segment
is primarily an agency business that sells tickets for events on behalf of its clients
and retains a portion of the service charge as its fee. Sponsorship & Advertising
segment employs a sales force that creates and maintains relationships with sponsors
through a combination of strategic, international, national and local opportunities
that allow businesses to reach customers through its concert, festival, venue and
ticketing assets, including advertising on its websites.

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