Comcast stock is trading -14.26% below its average target price of $49.27 after marking a 1.0% during today's afternoon session. Analysts are giving the large-cap Cable Television company an average rating of buy and target prices ranging from $41.0 to $55.0 per share.
The stock has a very low short interest at 1.5%, and a short ratio of 3.42. The company's insiders own 0.74% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that a significant number of institutional investors are invested in the stock, with 87.9% of Comcast's shares being owned by this investor type.
Institutions Invested in Comcast
Date Reported | Holder | Percentage | Shares | Value |
---|---|---|---|---|
2023-06-30 | Vanguard Group Inc | 10% | 390,360,150 | $16,490,764,119 |
2023-06-30 | Blackrock Inc. | 8% | 314,159,824 | $13,271,681,429 |
2023-06-30 | Capital International Investors | 4% | 172,032,998 | $7,267,533,816 |
2023-06-30 | State Street Corporation | 4% | 160,119,465 | $6,764,246,627 |
2023-06-30 | FMR, LLC | 3% | 119,789,016 | $5,060,486,852 |
2023-06-30 | Massachusetts Financial Services Co. | 2% | 100,214,781 | $4,233,573,316 |
2023-06-30 | Capital Research Global Investors | 2% | 98,244,335 | $4,150,331,827 |
2023-06-30 | JP Morgan Chase & Company | 2% | 91,465,024 | $3,863,939,841 |
2023-06-30 | Capital World Investors | 2% | 88,869,896 | $3,754,308,661 |
2023-06-30 | Geode Capital Management, LLC | 2% | 80,409,013 | $3,396,878,668 |
Besides an analyst consensus of some upside potential, other market factors point to there being mixed market sentiment on Comcast.