# Live Nation Entertainment, Inc.  Share Price Target ‘$118.04’, now 30.4% Upside Potential

- Link: https://www.directorstalkinterviews.com/live-nation-entertainment-inc.share-price-target-118.04-now-30.4-upside-potential/4121154370
- Published: 2024-05-01T14:42:18+01:00
- Author: Charlotte Edwards

**Live Nation Entertainment, Inc.** which can be found using ticker (LYV) have now
19 confirmed analysts covering the stock with the consensus suggesting a rating 
of ‘buy’. The target price High/Low ranges between $130.00 and $85.00 calculating
the average target share price we see $118.04. (at the time of writing). Now with
the previous closing price of $90.54 this now indicates there is a potential upside
of 30.4%. The day 50 moving average is $98.48 and the 200 day MA is $89.83. The 
company has a market cap of 20.58B. The stock price for the company is currently
$88.91 USD

 The potential market cap would be $26,829,781,372 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 64.9, revenue per share of $99.50
and a 3.84% 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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