# Live Nation Entertainment, Inc.  Share Price Target ‘$117.14’, now 26.0% Upside Potential

- Link: https://www.directorstalkinterviews.com/live-nation-entertainment-inc.share-price-target-117.14-now-26.0-upside-potential/4121162215
- Published: 2024-06-25T15:19:36+01:00
- Author: Charlotte Edwards

**Live Nation Entertainment, Inc.** with ticker code (LYV) now have 18 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 $132.00 and $90.00
suggesting an average analyst share price target price of $117.14. (at the time 
of writing). Given that the stocks previous close was at $92.96 this would imply
there is now a potential upside of 26.0%. Also worth taking note is the 50 day moving
average now sits at $93.24 and the 200 day MA is $90.86. The company has a market
cap of 20.69B. The stock price for the company is currently is currently $89.38 
USD

 The potential market cap would be $26,067,146,700 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, 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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