# Live Nation Entertainment, Inc.  Share Price Target ‘$117.25’, now 33.1% Upside Potential

- Link: https://www.directorstalkinterviews.com/live-nation-entertainment-inc.share-price-target-117.25-now-33.1-upside-potential/4121167570
- Published: 2024-08-07T13:32:47+01:00
- Author: Charlotte Edwards

**Live Nation Entertainment, Inc.** with ticker code (LYV) have now 18 market analysts
covering the stock. The analyst consensus now points to a rating of ‘buy’. The target
price High/Low ranges between $132.00 and $90.00 with the average share target price
sitting at $117.25. (at the time of writing). Given that the stocks previous close
was at $88.06 this now indicates there is a potential upside of 33.1%. Also worth
taking note is the 50 day moving average now sits at $93.29 and the 200 moving average
now moves to $92.47. The market capitalization for the company is 20.89B. The stock
price for the company is currently $90.00 USD

 The potential market cap would be $27,814,932,106 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 81.82, 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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