Viacom, Inc. Class B (NASDAQ:VIAB) gets upgraded to Buy by Pivotal Research with a price target of $32.00

Analyst Ratings For Viacom, Inc. Class B (NASDAQ:VIAB)

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Today, Viacom, Inc. Class B (NASDAQ:VIAB) stock received an upgrade by Pivotal Research from Hold to Buy with a price target of $32.00.

There are 18 Hold Ratings, 6 Buy Ratings, 3 Sell Ratings, no Strong Buy Ratings on the stock.

The current consensus rating on Viacom, Inc. Class B (NASDAQ:VIAB) is Hold with a consensus target price of $33.9130 per share, a potential 17.31% upside.

Some recent analyst ratings include

  • 7/31/2018-Pivotal Research Upgrade from a “Hold ” rating to a ” Buy” rating.
  • 7/10/2018-Credit Suisse Group initiated coverage with a Neutral rating.
  • 6/28/2018-Imperial Capital initiated coverage with a Underperform rating.
  • 6/27/2018-Cfra Reiterated Rating of Hold.
  • 3/28/2018-Citigroup Upgrade from a “Sell ” rating to a ” Neutral” rating.
  • 3/15/2018-Loop Capital initiated coverage with a Hold rating.
  • 3/15/2018-Needham & Company LLC Upgrade from a “Hold ” rating to a ” Buy” rating.

Recent Insider Trading Activity For Viacom, Inc. Class B (NASDAQ:VIAB)
Viacom, Inc. Class B (NASDAQ:VIAB) has insider ownership of 1.33% and institutional ownership of 78.00%.

  • On 12/14/2016 Ronald L Nelson, Director, bought 20,000 with an average share price of $34.80 per share and the total transaction amounting to $696,000.00.
  • On 6/20/2016 Michael D Fricklas, EVP, sold 10,800 with an average share price of $45.29 per share and the total transaction amounting to $489,132.00.

About Viacom, Inc. Class B (NASDAQ:VIAB)
Viacom, Inc. operates media brands that create entertainment content worldwide. The company creates television programs, motion pictures, short-form content, games, consumer products, podcasts, live events, and social media experiences. It operates through two segments, Media Networks and Filmed Entertainment. The Media Networks segment provides entertainment content and related branded products for consumers through approximately 300 locally programmed and operated TV channels, including Nickelodeon, Nick Jr., MTV, BET, Comedy Central, SPIKE, VH1, TV Land, CMT, Logo, Channel 5, Telefe, Colors, Paramount Channel, TeenNick, Nicktoons, Nick Music, MTV2, MTV Classic, MTV Live, BET Her, BET Gospel, and BET Hip Hop, as well as through online, mobile, and apps. The Filmed Entertainment segment produces, finances, acquires, and distributes motion pictures, television programming, and other entertainment content under the Paramount Pictures, Paramount Players, Paramount Animation, Paramount Television, Nickelodeon Movies, and MTV Films brands. This segment exhibits motion pictures theatrically through home entertainment, licensing to television and digital platforms, and ancillary activities. The company releases its content through DVDs, Blu-ray discs, transactional video-on-demand, subscription video-on-demand, pay television, cable television, free television, and free video-on-demand, as well as airlines and hotels. Viacom, Inc. is headquartered in New York, New York.

Recent Trading Activity for Viacom, Inc. Class B (NASDAQ:VIAB)
Shares of Viacom, Inc. Class B closed the previous trading session at 28,91 +0,13 0,45 % with 780348 shares trading hands.

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