# Live Nation Entertainment, Inc. – Consensus ‘buy’ rating and 26.3% Upside Potential

- Link: https://www.directorstalkinterviews.com/live-nation-entertainment-inc.consensus-buy-rating-and-26.3-upside-potential/4121132425
- Published: 2023-11-09T12:31:37+00:00
- Author: Charlotte Edwards

**Live Nation Entertainment, Inc.** which can be found using ticker (LYV) now have
17 market analysts covering the stock. The analyst consensus now points to a rating
of ‘buy’. The range between the high target price and low target price is between
$124.00 and $85.00 calculating the average target price we see $108.76. Given that
the stocks previous close was at $86.13 this indicates there is a potential upside
of 26.3%. The 50 day MA is $82.67 and the 200 day moving average is $80.50. The 
market cap for the company is 20.11B. The stock price for the company is currently
is currently $87.31 USD

 The potential market cap would be $25,393,337,956 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 58.21, revenue per share of $92.95
and a 3.86% 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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