Live Nation Entertainment, Inc. (NYSE:LYV) gets upgraded to Buy by BTIG Research with a price target of $60.00

ME Staff
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Analyst Ratings For Live Nation Entertainment, Inc. (NYSE:LYV)

Today, Live Nation Entertainment, Inc. (NYSE:LYV) stock received an upgrade by BTIG Research from Neutral to Buy with a price target of $60.00.

There are 8 Buy Ratings, 1 Hold Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Live Nation Entertainment, Inc. (NYSE:LYV) is Buy with a consensus target price of $52.0138 per share, a potential 1.97% upside.

Some recent analyst ratings include

  • 7/24/2018-BTIG Research Upgrade from a “Neutral ” rating to a ” Buy” rating.
  • 7/17/2018-Northcoast Research was Downgraded by analysts at Northcoast Research from a “Buy ” rating to a ” Neutral” rating. They now have a N/A price target on the stock.
  • 7/13/2018-Guggenheim Reiterated Rating of Buy.
  • 6/28/2018-Citigroup Reiterated Rating of Buy.
  • 5/4/2018-Evercore ISI Upgrade from a “In-Line ” rating to a ” Outperform” rating.
  • 3/1/2018-Macquarie Reiterated Rating of Buy.

Recent Insider Trading Activity For Live Nation Entertainment, Inc. (NYSE:LYV)
Live Nation Entertainment, Inc. (NYSE:LYV) has insider ownership of 5.19% and institutional ownership of 67.77%.

  • On 6/7/2018 Robert Ted Enloe III, Director, sold 4,389 with an average share price of $45.11 per share and the total transaction amounting to $197,987.79.
  • On 12/8/2017 Michael Rapino, CEO, sold 210,000 with an average share price of $43.21 per share and the total transaction amounting to $9,074,100.00.
  • On 12/6/2017 Joe Berchtold, COO, sold 20,000 with an average share price of $43.08 per share and the total transaction amounting to $861,600.00.
  • On 12/6/2017 Michael Rapino, CEO, sold 70,000 with an average share price of $42.87 per share and the total transaction amounting to $3,000,900.00.
  • On 12/1/2017 Michael Rapino, CEO, sold 210,000 with an average share price of $45.59 per share and the total transaction amounting to $9,573,900.00.
  • On 11/29/2017 Joe Berchtold, COO, sold 20,000 with an average share price of $46.55 per share and the total transaction amounting to $931,000.00.
  • On 11/29/2017 Michael Rapino, CEO, sold 70,000 with an average share price of $46.28 per share and the total transaction amounting to $3,239,600.00.

About Live Nation Entertainment, Inc. (NYSE:LYV)
Live Nation Entertainment, Inc. operates as a live entertainment company. It operates through Concerts, Sponsorship & Advertising, and Ticketing segments. The Concerts segment promotes live music events in its owned and/or operated venues, and in rented third-party venues; operates and manages music venues; and produces music festivals and creates associated content. This segment also provides management and other services to artists. The Sponsorship & Advertising segment sells sponsorships and placement of advertising, including signage, online advertising, and promotional programs, as well as live streaming and music-related content; and ads across its distribution network of venues, events, and Websites. This segment also manages the development of strategic sponsorship programs, as well as develops, books, and produces custom events for specific brands. The Ticketing segment manages the ticketing operations, including the provision of ticketing software and services to clients, as well as ticket resale services; and offers online access for customers relating to ticket and event information through its primary Websites, livenation.com and ticketmaster.com. It sells tickets through Websites, mobile apps, ticket outlets, and telephone call centers. This segment sells tickets for its events, as well as for third-party clients in various live event categories, such as arenas, stadiums, amphitheaters, music clubs, concert promoters, professional sports franchises and leagues, college sports teams, performing arts venues, museums, and theaters. As of December 31, 2017, it owned, operated, or leased 115 entertainment venues and 140 other facilities in North America; and 35 entertainment venues and 118 other facilities internationally. The company was formerly known as Live Nation, Inc. and changed its name to Live Nation Entertainment, Inc. in January 2010. Live Nation Entertainment, Inc. was incorporated in 2005 and is headquartered in Beverly Hills, California.

Recent Trading Activity for Live Nation Entertainment, Inc. (NYSE:LYV)
Shares of Live Nation Entertainment, Inc. closed the previous trading session at 51.01 −0.26 0.51 % with 51.14 shares trading hands.