PARAMOUNT GLBL (PARA)
(Real Time Quote from BATS)
$11.22 USD
-0.24 (-2.09%)
Updated Jul 26, 2024 03:54 PM ET
3-Hold of 5 3
A Value A Growth B Momentum A VGM
Paramount Global-B (PARA) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$12.65 | $19.00 | $9.00 | 10.38% |
Price Target
Based on short-term price targets offered by 23 analysts, the average price target for Paramount Global-B comes to $12.65. The forecasts range from a low of $9.00 to a high of $19.00. The average price target represents an increase of 10.38% from the last closing price of $11.46.
Analyst Price Targets (23)
Broker Rating
Paramount Global-B currently has an average brokerage recommendation (ABR) of 3.55 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 26 brokerage firms. The current ABR compares to an ABR of 3.49 a month ago based on 27 recommendations.
Of the 26 recommendations deriving the current ABR, four are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 15.38% and 3.85% of all recommendations. A month ago, Strong Buy made up 14.81%, while Buy represented 3.7%.
Broker Rating Breakdown
![Broker Rating Visualization](https://widget3.zacks.com/images/charts/bar/brokerage/bar/PARA.png)
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 4 | 4 | 4 | 4 | 4 |
Buy | 1 | 1 | 1 | 1 | 1 |
Hold | 9 | 9 | 10 | 11 | 11 |
Sell | 0 | 0 | 1 | 1 | 1 |
Strong Sell | 12 | 12 | 11 | 9 | 8 |
ABR | 3.55 | 3.55 | 3.49 | 3.36 | 3.29 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
7/9/2024 | Not Identified | Not Identified | Hold | Strong Sell |
7/9/2024 | Evercore Partners | Vijay Jayant | Hold | Hold |
7/8/2024 | Raymond James | Richard H Prentiss | Hold | Hold |
6/25/2024 | Goldman Sachs | Michael Ng | Not Available | Strong Sell |
6/12/2024 | Wells Fargo Securities | Steven Cahall | Hold | Strong Sell |
6/4/2024 | Not Identified | Not Identified | Strong Sell | Strong Sell |
5/6/2024 | MoffettNathanson | Michael Nathanson | Hold | Hold |
5/3/2024 | Argus Research Corp. | Joseph F Bonner | Not Available | Strong Sell |
5/2/2024 | Seaport Research Partners | David Joyce | Strong Buy | Hold |
4/30/2024 | Needham & Company | Laura A Martin | Moderate Buy | Hold |
4/30/2024 | Loop Capital Markets | Alan S Gould | Strong Sell | Strong Sell |
4/30/2024 | The Benchmark Company | Daniel L Kurnos | Strong Buy | Strong Buy |
4/1/2024 | Cowen & Co. | Douglas L Creutz | Hold | Hold |
4/1/2024 | UBS | John C Hodulik | Strong Sell | Strong Sell |
3/21/2024 | Rosenblatt Securities | Barton Crockett | Strong Sell | Hold |
2/29/2024 | KeyBanc Capital Markets | Brandon Nispel | Hold | Hold |
2/26/2024 | Daiwa America | Jonathan Kees | Moderate Buy | Moderate Buy |
2/21/2024 | Not Identified | Not Identified | Strong Sell | Strong Sell |
2/6/2024 | Barrington Research | James C Goss | Hold | Hold |
1/11/2024 | Atlantic Equities | Hamilton S Faber | Not Available | Strong Sell |
12/12/2023 | Not Identified | Not Identified | Strong Buy | Strong Buy |
12/8/2023 | Macquarie Capital Securities | Timothy W Nollen | Strong Sell | Strong Sell |
10/3/2023 | Guggenheim Securities | Michael C Morris | Not Available | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 3.55 |
ABR (Last week) | 3.55 |
# of Recs in ABR | 26 |
Average Target Price | $12.65 |
LT Growth Rate | 10.20% |
Industry | Media Conglomerates |
Industry Rank by ABR | 165 of 252 |
Current Quarter EPS Est: | 0.14 |