Fintel reports that on December 12, 2024, Seaport Global upgraded their outlook for Comcast (XTRA:CTP2) from Neutral to Buy.
Analyst Price Forecast Suggests 23.61% Upside
As of December 3, 2024, the average one-year price target for Comcast is 46,63 €/share. The forecasts range from a low of 35,37 € to a high of 59,63 €. The average price target represents an increase of 23.61% from its latest reported closing price of 37,72 € / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Comcast is 127,528MM, an increase of 3.62%. The projected annual non-GAAP EPS is 4.23.
What is the Fund Sentiment?
There are 3,734 funds or institutions reporting positions in Comcast. This is an decrease of 12 owner(s) or 0.32% in the last quarter. Average portfolio weight of all funds dedicated to CTP2 is -2.51%, an increase of 543.32%. Total shares owned by institutions decreased in the last three months by 4.11% to 3,827,384K shares.
What are Other Shareholders Doing?
Capital World Investors holds 130,425K shares representing 3.42% ownership of the company. In its prior filing, the firm reported owning 128,148K shares , representing an increase of 1.75%. The firm increased its portfolio allocation in CTP2 by 3.22% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 122,440K shares representing 3.21% ownership of the company. In its prior filing, the firm reported owning 123,606K shares , representing a decrease of 0.95%. The firm decreased its portfolio allocation in CTP2 by 0.76% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 101,182K shares representing 2.65% ownership of the company. In its prior filing, the firm reported owning 100,460K shares , representing an increase of 0.71%. The firm decreased its portfolio allocation in CTP2 by 1.13% over the last quarter.
Jpmorgan Chase holds 88,301K shares representing 2.31% ownership of the company. In its prior filing, the firm reported owning 86,410K shares , representing an increase of 2.14%. The firm decreased its portfolio allocation in CTP2 by 93.19% over the last quarter.
Geode Capital Management holds 84,806K shares representing 2.22% ownership of the company. In its prior filing, the firm reported owning 85,791K shares , representing a decrease of 1.16%. The firm decreased its portfolio allocation in CTP2 by 49.08% over the last quarter.
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