# Live Nation Entertainment, Inc. – Consensus ‘buy’ rating and 29.5% Upside Potential

- Link: https://www.directorstalkinterviews.com/live-nation-entertainment-inc.consensus-buy-rating-and-29.5-upside-potential/4121160910
- Published: 2024-06-19T16:32:58+01:00
- Author: Charlotte Edwards

**Live Nation Entertainment, Inc.** which can be found using ticker (LYV) now have
18 analysts in total covering the stock. The consensus rating is pointing to ‘buy’.
The target price High/Low ranges between $132.00 and $90.00 calculating the mean
target price we have $117.14. Now with the previous closing price of $90.43 this
indicates there is a potential upside of 29.5%. Also worth taking note is the 50
day moving average now sits at $93.89 and the 200 day MA is $90.72. The market cap
for the company is 21.28B. The stock price for the company is currently is currently
$91.94 USD

 The potential market cap would be $27,563,939,109 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 84.35, 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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