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
|2023-06-30||Vanguard Group Inc||10%||390,360,150||$16,490,764,119|
|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||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.