Broker recommendations for ViacomCBS
The ViacomCBS, Inc. stock is rated at 1.685185 (on a scale 1-3, where 1 is ‘strong buy‘ and 3 is ‘strong sell‘) from Thursday 6 August, 2020 by a total of 28 brokers. This means that the consensus of the 28 different brokers is leaning toward to moderate buy/hold.
Sell
1 (3.57%) Underweight
1 (3.57%) Hold
15 (53.57%) Overweight
0 (0%) Buy
10 (35.71%)
Price target by analysts
The 25 latest analyst estimates, per Tuesday 11 August, 2020, show the following high, low and average price targets.
Target Average: 26.14 USD
Target High: 36 USD
Target Low: 12 USD
Sumner Redstone, who built media empire including CBS, dies at 97
Wednesday, 12 August 2020, 23:18:12
Under his watch, Viacom became one of the nation’s media titans.
— Portland Press Herald
Media mogul Sumner Redstone, who headed Viacom, dies at 97
Wednesday, 12 August 2020, 16:39:00
Critics said that a cable network based on music videos was doomed, but Redstone disagreed, and rebuffed efforts from the company’s bankers to unload the fledgling MTV. Instead, he expanded its reach, bringing it into Europe, Asia, Latin America and Russia.
— The Financial Express
Sumner Redstone, who built Viacom into US media titan, dies at 97
Wednesday, 12 August 2020, 15:48:08
Sumner Redstone, who built a media empire from his family’s drive-in movie chain, has died. He was 97.ViacomCBS, which he led for decades, remembered Redstone for his “unparalleled passion to win, his endless intellectual curiosity, and his complete dedication to the company”.Redstone built the company through aggressive acquisitions, but many headlines with his name focused on severed ties with wives, actors and executives. In multiple interviews, he said he’d never die.His tight-fisted grip…
— South China Morning Post
Sumner Redstone, media mogul who led Viacom, dies aged 97
Wednesday, 12 August 2020, 15:04:41
Redstone took his father’s movie theater chain and built it into an empire that included Paramount Pictures, CBS and MTV
— The Guardian
Billionaire Sumner Redstone, media mogul who headed Viacom, dead at 97
Wednesday, 12 August 2020, 14:37:22
Viacom and CBS Chairman Emeritus Sumner Redstone, the media mogul who took his father’s movie theater chain and built it into an empire that included Paramount Pictures, CBS and MTV, has died at 97, ViacomCBS and National Amusements said on Wednesday.
— Reuters
