# Live Nation Entertainment, Inc. – Consensus ‘buy’ rating and 29.4% Upside Potential

- Link: https://www.directorstalkinterviews.com/live-nation-entertainment-inc.consensus-buy-rating-and-29.4-upside-potential/4121159838
- Published: 2024-06-11T13:18:44+01:00
- Author: Charlotte Edwards

**Live Nation Entertainment, Inc.** with ticker code (LYV) now have 18 confirmed
analysts covering the stock with the consensus suggesting a rating of ‘buy’. The
target price High/Low ranges between $132.00 and $90.00 and has a mean target at
$117.14. Given that the stocks previous close was at $90.53 this would indicate 
that there is a potential upside of 29.4%. There is a 50 day moving average of $
95.53 and the 200 moving average now moves to $90.55. The total market capitalization
for the company now stands at 20.77B. The stock price is currently at: $89.75 USD

 The potential market cap would be $26,877,645,527 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 82.34, 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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