In a report released today, Matthew Harrigan from Benchmark Co. maintained a Buy rating on Comcast, with a price target of $48.00. The company’s shares closed yesterday at $29.99.
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According to TipRanks, Harrigan is a 2-star analyst with an average return of 0.2% and a 50.98% success rate. Harrigan covers the Communication Services sector, focusing on stocks such as Comcast, T Mobile US, and Grupo Televisa, S.A.B..
Currently, the analyst consensus on Comcast is a Moderate Buy with an average price target of $40.50, which is a 35.05% upside from current levels. In a report released on October 6, Deutsche Bank also maintained a Buy rating on the stock with a $44.00 price target.
CMCSA market cap is currently $108.6B and has a P/E ratio of 4.86.
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