Published On: Thu, Sep 15th, 2016

Viacom (VIAB) – Investment Analysts’ Recent Ratings Changes

A number of research firms have changed their ratings and price targets for Viacom (NASDAQ: VIAB):

9/13/2016 – Viacom was upgraded by analysts at Brean Capital from a “hold” rating to a “buy” rating. They now have a $44.00 price target on the stock.
9/12/2016 – Viacom had its “buy” rating reaffirmed by analysts at Jefferies Group.
9/8/2016 – Viacom had its “hold” rating reaffirmed by analysts at Brean Capital.
9/7/2016 – Viacom had its “buy” rating reaffirmed by analysts at Stifel Nicolaus. They now have a $49.00 price target on the stock.
8/26/2016 – Viacom was downgraded by analysts at Telsey Advisory Group from an “outperform” rating to a “market perform” rating. They now have a $47.00 price target on the stock, down previously from $51.00.
8/23/2016 – Viacom had its “market perform” rating reaffirmed by analysts at BMO Capital Markets. They now have a $40.00 price target on the stock.
8/23/2016 – Viacom had its “outperform” rating reaffirmed by analysts at FBR & Co. They now have a $57.00 price target on the stock.
8/17/2016 – Viacom was downgraded by analysts at Vetr from a “buy” rating to a “hold” rating. They now have a $44.78 price target on the stock.
8/15/2016 – Viacom had its “hold” rating reaffirmed by analysts at Loop Capital. They now have a $48.00 price target on the stock, down previously from $49.00.
8/11/2016 – Viacom had its “buy” rating reaffirmed by analysts at Jefferies Group.
8/8/2016 – Viacom had its price target lowered by analysts at Deutsche Bank AG from $39.00 to $35.00. They now have a “hold” rating on the stock.
8/8/2016 – Viacom was upgraded by analysts at Vetr from a “sell” rating to a “hold” rating. They now have a $44.00 price target on the stock.
8/6/2016 – Viacom had its “underperform” rating reaffirmed by analysts at Wells Fargo & Co.. They now have a $35.00 price target on the stock, down previously from $39.00.
8/5/2016 – Viacom had its “hold” rating reaffirmed by analysts at BMO Capital Markets. They now have a $40.00 price target on the stock.
8/5/2016 – Viacom had its “sell” rating reaffirmed by analysts at Morgan Stanley. They now have a $38.00 price target on the stock.
8/5/2016 – Viacom had its price target lowered by analysts at Telsey Advisory Group from $53.00 to $51.00. They now have an “outperform” rating on the stock.
8/5/2016 – Viacom had its “hold” rating reaffirmed by analysts at Brean Capital.
8/5/2016 – Viacom had its “buy” rating reaffirmed by analysts at JPMorgan Chase & Co.. They now have a $50.00 price target on the stock.
8/5/2016 – Viacom had its “hold” rating reaffirmed by analysts at Pacific Crest.
8/4/2016 – Viacom was downgraded by analysts at Pivotal Research from a “buy” rating to a “hold” rating. They now have a $47.00 price target on the stock, down previously from $52.00.
8/2/2016 – Viacom was upgraded by analysts at Vetr from a “sell” rating to a “hold” rating. They now have a $42.50 price target on the stock.
7/26/2016 – Viacom had its price target lowered by analysts at FBR & Co from $67.00 to $59.00. They now have an “outperform” rating on the stock.
7/24/2016 – Viacom had its “buy” rating reaffirmed by analysts at Pivotal Research. They now have a $52.00 price target on the stock.
7/22/2016 – Viacom was upgraded by analysts at Atlantic Securities from an “underweight” rating to a “neutral” rating.

Shares of Viacom Inc. (NASDAQ:VIAB) opened at 37.44 on Thursday. The company has a market cap of $14.85 billion, a P/E ratio of 7.21 and a beta of 1.43. The firm has a 50 day moving average price of $41.80 and a 200-day moving average price of $41.52. Viacom Inc. has a 12 month low of $30.11 and a 12 month high of $53.35.
Viacom (NASDAQ:VIAB) last issued its quarterly earnings results on Thursday, August 4th. The company reported $1.05 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.04. The company had revenue of $3.11 billion for the quarter, compared to analyst estimates of $3.01 billion. Viacom had a return on equity of 46.74% and a net margin of 15.85%. The company’s quarterly revenue was up 1.6% compared to the same quarter last year. During the same period in the previous year, the company posted $1.47 earnings per share. Analysts anticipate that Viacom Inc. will post $3.91 earnings per share for the current fiscal year.

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In other news, EVP Michael D. Fricklas sold 10,800 shares of the business’s stock in a transaction dated Monday, June 20th. The stock was sold at an average price of $45.29, for a total value of $489,132.00. Following the sale, the executive vice president now directly owns 5,357 shares in the company, valued at $242,618.53. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.65% of the stock is owned by insiders.
Viacom Inc (Viacom) is an entertainment content company that connects with audiences in over 160 countries and territories and creates compelling television programs, motion pictures, short-form video, applications, games, consumer products, social media and other entertainment content. The Company operates through two segments: Media Networks and Filmed Entertainment.

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