Analyst Price Target is $21.86
▲ +2.84% Upside Potential
This price target is based on 19 analysts offering 12 month price targets for Paramount Global in the last 3 months. The average price target is $21.86, with a high forecast of $37.00 and a low forecast of $13.00. The average price target represents a 2.84% upside from the last price of $21.26.
Current Consensus is
Hold
The current consensus among 19 contributing investment analysts is to hold stock in Paramount Global.
Paramount Global operates as a mass media company, which creates and distributes content across a variety of platforms to audiences around the world. It operates its business through the following segments: Entertainment, Cable Networks, Publishing, and Local Media. The Entertainment segment is composed of the CBS Television Network, CBS Television Studios, CBS Studios International, CBS Television Distribution, CBS Interactive, and CBS Films, as well as the company's digital streaming services, CBS All Access and CBSN. The Cable Networks segment includes Showtime Networks, CBS Sports Network, and Smithsonian Networks. The Publishing segment manages Simon & Schuster's consumer book publishing business with imprints such as Simon & Schuster, Pocket Books, Scribner, and Atria Books. The Local Media segment handles CBS Television Stations and CBS Local Digital Media, with revenues generated primarily from advertising sales and retransmission fees. The company was founded by Sumner Murray Redstone in 1986 and is headquartered in New York, NY.
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