Comcast (CMCSA) Stock Price: $60 Target And Buy Rating

By Amit Chowdhry ● Jun 3, 2022
  • The shares of Comcast Corp (NASDAQ: CMCSA) have received a $60 price target from Benchmark. These are the details.

The shares of Comcast Corp (NASDAQ: CMCSA) have received a $60 price target from Benchmark. And Benchmark analyst Matthew Harrigan is maintaining a “Buy” rating on the shares.

Harrigan adjuted the rating largely due to market conditions and while assuming a normalized 17x Shiller P/E for the S&P 500 vs. 18x formerly and just 13x for the FTSE 100. 

“Jurassic World: Dominion and early July’s Minions 2: The Rise of Gru should enhance ‘old media’ and Park synergy perception at NBC Universal even as Warner Bros. Discovery and the advent of the new BT Eurosport JV may eventually complicate Sky’s UK competitive position.”

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.