# Live Nation Entertainment, Inc. – Consensus ‘buy’ rating and 9.8% Upside Potential

- Link: https://www.directorstalkinterviews.com/live-nation-entertainment-inc.consensus-buy-rating-and-9.8-upside-potential-2/4121172886
- Published: 2024-10-01T14:47:49+01:00
- Author: Charlotte Edwards

**Live Nation Entertainment, Inc.** with ticker code (LYV) now have 19 analysts 
in total covering the stock. The consensus rating is pointing to ‘buy’. The range
between the high target price and low target price is between $132.00 and $90.00
and has a mean target at $119.37. Given that the stocks previous close was at $108.74
this indicates there is a potential upside of 9.8%. There is a 50 day moving average
of $96.95 while the 200 day moving average is $95.10. The company has a market cap
of 25.41B. The price for the stock stands currently at: $109.49 USD

 The potential market cap would be $27,898,549,982 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 100.45, revenue per share of $103.85
and a 3.96% 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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