Family films led by 'Inside Out 2' could reignite the box office
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 19 2024
0mins
Should l Buy CMCSA?
Source: CNBC
- Family Films Boost Box Office: Family-friendly movies are reinvigorating the box office after a pandemic-induced slump.
- Variety in Family Films: The family film genre includes various types of movies beyond just animated or character-focused ones.
- Impact of Pandemic on Family Films: Family films were hit hard by the pandemic, with parents reluctant to visit theaters.
- Success of Recent Releases: Movies like "Inside Out 2" and upcoming releases like "Despicable Me 4" are expected to drive box office numbers up.
- Industry Hope for Stronger Second Half: The success of recent family-friendly releases has given hope for a better second half of the year at the box office.
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Analyst Views on CMCSA
Wall Street analysts forecast CMCSA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CMCSA is 33.45 USD with a low forecast of 23.00 USD and a high forecast of 53.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
22 Analyst Rating
7 Buy
12 Hold
3 Sell
Hold
Current: 31.370
Low
23.00
Averages
33.45
High
53.00
Current: 31.370
Low
23.00
Averages
33.45
High
53.00
About CMCSA
Comcast Corporation is a global media and technology company. The Company delivers broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produces, distributes, and streams entertainment, sports, and news through brands, including NBC, Telemundo, Universal, Peacock, and Sky; and brings theme parks and attractions to life through Universal Destinations & Experiences. The Company operates through two primary businesses: Connectivity & Platforms and Content & Experiences. The Connectivity & Platforms business includes two segments: Residential Connectivity & Platforms, and Business Services. Its Connectivity and Content & Experiences business include three segments: Media, Studios and Theme Parks. Sky provides connectivity services to customers across Europe through Sky Broadband, Sky Mobile, and Sky Business. Sky Business extends broadband services and purpose-built products to businesses in Europe.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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