Do Analysts Expect Comcast Corporation (CMCSA) Stock to Rise After It Is Lower By -2.48% in a Month?

Wall Street is positive on Comcast Corporation (CMCSA). On average, analysts give CMCSA a Strong Buy rating. The average price target is $49.2, which means analysts expect the stock to gain by 10.54% over the next twelve months. That average ranking earns CMCSA an Analyst Rating of 52, which is better than 52% of stocks based on data compiled by InvestorsObserver.

Wall Street analysts are rating CMCSA a Strong Buy today. Find out what this means to you and get the rest of the rankings on CMCSA!

Why are Analyst Ratings Important?

Fundamental research of the underlying health of a company can be an extremely useful resource when making investment decisions. Analysts observe growth prospects and forecasted earnings of companies to gain a comprehensive view of particular industries. This data allows traders to react before numbers are officially reported. InvestorsObserver takes the ratings from these analysts and percentile ranks those aveages. This allows you to compare stocks extensively and in more detail than the common buy/hold/sell ratings.

What’s Happening With Comcast Corporation Stock Today?

Comcast Corporation (CMCSA) stock has risen 0.58% while the S&P 500 is down -0.69% as of 9:38 AM on Tuesday, Oct 17. CMCSA is up $0.26 from the previous closing price of $44.25 on volume of 2,340 shares. Over the past year the S&P 500 has risen 18.09% while CMCSA is up 44.42%. CMCSA earned $1.58 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 28.23. Click Here to get the full Stock Report for Comcast Corporation stock.