Barrington analyst James Goss maintained a Buy rating on Discovery (NASDAQ:DISCA) Inc on Tuesday, setting a price target of $50, which is approximately 71.88% above the present share price of $29.09.
Goss expects Discovery Inc to post earnings per share (EPS) of $0.00 for the third quarter of 2021.
The current consensus among 9 TipRanks analysts is for a Moderate Buy rating of shares in Discovery Inc, with an average price target of $44.38.
The analysts price targets range from a high of $52 to a low of $35.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $2.79 billion and a net profit of $411 million. The company's market cap is $14.66 billion.
According to TipRanks.com, Barrington analyst James Goss is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 2.4% and a 43.45% success rate.
Discovery, Inc. is a media company, which engages in the provision of content across distribution platforms and digital distribution arrangements. It operates through the following segments: U.S. Networks, International Networks, Education and Other, and Corporate and Inter-segment Eliminations. The U.S. Networks segment owns and operates national television networks such as Discovery Channel, Animal Planet, and Investigation Discovery and Science. The International Networks segment consists of international television networks and websites. The Education and Other segment offers curriculum-based product and service offerings. The Corporate and Inter-segment Eliminations segment represents unallocated corporate amounts. The company was founded by John S. Hendricks in September 1982 and is headquartered in Silver Spring, MD.