CBS Corporation (CBS) Receives $73.13 Average PT from Analysts

Postado Setembro 11, 2017

Following the transaction, the chief executive officer now owns 1,182,652 shares of the company's stock, valued at approximately $76,493,931.36. Cherokee Inc Del New Com now has $50.71M valuation. The stock decreased 16.13% or $0.75 on September 8, reaching $3.9. It has underperformed by 46.32% the S&P500.

Among 29 analysts covering CBS Corp (NYSE:CBS), 23 have Buy rating, 0 Sell and 6 Hold. Therefore 79% are positive.

TRADEMARK VIOLATION NOTICE: "CBS Corporation (CBS) Receives $73.13 Average PT from Analysts" was originally reported by Week Herald and is owned by of Week Herald. KeyBanc Capital Markets maintained CBS Corporation (NYSE:CBS) on Friday, August 25 with "Hold" rating. Finally, Royal Bank Of Canada reiterated an "outperform" rating and issued a $77.00 price target (up from $75.00) on shares of CBS Corporation in a research report on Tuesday, August 8th. The rating was maintained by Topeka Capital Markets with "Buy" on Tuesday, October 6. On Wednesday, March 9 the stock rating was upgraded by Wells Fargo to "Outperform". As per Monday, August 7, the company rating was maintained by BMO Capital Markets. Pivotal Research reissued a "hold" rating and issued a $67.00 target price (down from $72.00) on shares of CBS Corporation in a research note on Thursday. Benchmark maintained it with "Buy" rating and $19 target in Friday, November 6 report. The stock has "Buy" rating by Cowen & Co on Thursday, August 6.

Investors sentiment decreased to 0.92 in Q4 2016. Its up 0.11, from 0.69 in 2016Q3. It dived, as 50 investors sold CBS Corporation shares while 266 reduced holdings.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. 258.43 million shares or 8.05% less from 281.05 million shares in 2016Q3 were reported. Bb&T stated it has 142,794 shares. New York-based New York State Common Retirement Fund has invested 0.11% in CBS Corporation (NYSE:CBS). Geneva Ltd has 0.01% invested in CBS Corporation (NYSE:CBS) for 11,500 shares. Adage Capital Partners Group Incorporated Ltd Limited Liability Company invested in 0.21% or 1.21M shares. Assetmark Inc invested in 0% or 9 shares. Longfellow Investment Mgmt Ltd, Massachusetts-based fund reported 432,000 shares. Mackenzie Financial Corp boosted its position in shares of CBS Corporation by 0.5% in the second quarter. South Dakota Investment Council holds 0.28% in CBS Corporation (NYSE:CBS) or 209,584 shares. (NYSE:MEG). Guggenheim Ltd Company holds 16,700 shares or 0% of its portfolio. 30,000 are held by Raiff Prns. Private Trust Co. NA boosted its position in shares of CBS Corporation by 1.1% in the third quarter. Bluestein R H & reported 5,075 shares. Stockholders of record on Friday, September 8th will be paid a $0.18 dividend. About 5.20M shares traded or 94.03% up from the average. CBS Corporation (NYSE:CBS) has risen 18.35% since September 10, 2016 and is uptrending. It has outperformed by 1.65% the S&P500.

CBS Corporation is a mass media company. The company has market cap of $26.13 billion. The Company's segments include Entertainment, Cable Networks, Publishing and Local Broadcasting. The Entertainment segment comprises the CBS TV Network; CBS TV Studios; CBS Studios International and CBS TV Distribution; CBS Interactive; CBS Films; and the Company's digital streaming services, CBS All Access and CBSN.

Analysts await Cherokee Inc (NASDAQ:CHKE) to report earnings on September, 14. During the same quarter in the prior year, the company earned $0.93 EPS. After $-0.07 actual EPS reported by Cherokee Inc for the previous quarter, Wall Street now forecasts -342.86% EPS growth.

Investors sentiment decreased to 0.83 in 2016 Q4. Its down 0.08, from 0.91 in 2016Q3. The shares were sold at an average price of $64.68, for a total value of $9,702,000.00. 24 funds opened positions while 37 raised stakes. Swiss Financial Bank reported 1.14 million shares. Park Circle invested in 332,531 shares or 2.29% of the stock. Principal Finance Gp, Iowa-based fund reported 15,053 shares. First Wilshire Mgmt Inc reported 0.09% stake. Alliancebernstein LP holds 0% of its portfolio in Media General, Inc. Goldman Sachs reported 31,029 shares. Magnetar Lc stated it has 3,828 shares or 0% of all its holdings. Riverhead Management Limited Liability Corp accumulated 43,991 shares or 0.17% of the stock. Sg Americas Limited Liability Corp invested in 0% or 6,597 shares. Price T Rowe Assocs Inc Md has 12,800 shares. Six equities research analysts have rated the stock with a hold rating, twenty-two have given a buy rating and one has assigned a strong buy rating to the company's stock. Therefore 25% are positive. Cherokee has $33 highest and $8.0 lowest target. $17's average target is 335.90% above currents $3.9 stock price. Media General had 7 analyst reports since August 7, 2015 according to SRatingsIntel. As per Wednesday, September 2, the company rating was maintained by Brean Capital. The firm earned "Buy" rating on Tuesday, October 20 by TH Capital. The firm has "Buy" rating by Drexel Hamilton given on Tuesday, September 6.