Analysts Offer Insights on Communication Services Companies: iHeartMedia (IHRT) and BCE (BCE)
Analysts have been eager to weigh in on the Communication Services sector with new ratings on iHeartMedia (IHRT) and BCE (BCE).
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iHeartMedia (IHRT)
Barrington analyst Patrick Sholl reiterated a Hold rating on iHeartMedia today. The company’s shares closed last Tuesday at $4.18.
According to TipRanks.com, Sholl is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Sell analyst consensus rating for iHeartMedia with a $3.13 average price target, a -25.2% downside from current levels. In a report issued on April 15, TipRanks – PerPlexity also upgraded the stock to Hold with a $4.00 price target.
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BCE (BCE)
In a report released today, David Mcfadgen from ATB Cormark Capital Markets maintained a Buy rating on BCE, with a price target of C$44.00. The company’s shares closed last Tuesday at $23.90, close to its 52-week low of $21.87.
According to TipRanks.com, Mcfadgen is ranked #3040 out of 12212 analysts.
Currently, the analyst consensus on BCE is a Moderate Buy with an average price target of $28.31, which is a 18.0% upside from current levels. In a report issued on April 9, RBC Capital also maintained a Buy rating on the stock with a C$39.00 price target.
Read More on IHRT:
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- iHeartMedia Earnings Call: Digital Strength Amid Debt Load
- iHeartMedia price target lowered to $4 from $5 at BofA
- iHeartMedia price target lowered to $2.25 from $3.50 at Goldman Sachs
- iHeartMedia reports Q4 adjusted EBITDA $220M vs $246M last year
- IHRT Earnings Report this Week: Is It a Buy, Ahead of Earnings?
