<div id="readability-page-1"><p><span>Comcast (NASDAQ:CMCSA - Get Free Report)</span> had its price objective cut by equities researchers at Benchmark  from $48.00 to $46.00 in a report issued on Friday,Benzinga reports. The firm presently has a &#34;buy&#34; rating on the cable giant's stock. Benchmark's price objective indicates a potential upside of 70.43% from the stock's current price.</p><ul><li>Warner Bros. Bidding War Potential: How High Could WBD Shares Go?</li></ul><p>A number of other research analysts also recently weighed in on the company. Royal Bank Of Canada initiated coverage on Comcast in a research note on Monday, September 8th. They issued a &#34;sector perform&#34; rating and a $38.00 price target on the stock. UBS Group  set a $34.00 price target on Comcast in a research note on Friday. Arete cut their price target on Comcast from $39.00 to $33.00 and set a &#34;neutral&#34; rating on the stock in a research note on Tuesday. Evercore ISI cut their price target on Comcast from $40.00 to $35.00 and set an &#34;outperform&#34; rating on the stock in a research note on Friday. Finally, Deutsche Bank Aktiengesellschaft cut their price target on Comcast from $46.00 to $44.00 and set a &#34;buy&#34; rating on the stock in a research note on Monday, October 6th. One equities research analyst  has rated the stock with a Strong Buy rating, eleven have issued  a Buy rating, seventeen have issued  a Hold rating and three have assigned  a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of &#34;Hold&#34; and an average target price of $37.20.</p><p><b>Read Our Latest Research Report on CMCSA</b></p><h2>Comcast Stock Performance</h2><ul><li>Disney: The Compelling Case for Buying Now Before They Scale Up</li></ul><p>CMCSA traded down $0.33 on Friday, hitting $26.99. 12,275,579 shares of the stock traded hands, compared to its average volume of 24,400,400. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.99. The business has a fifty day moving average price of $31.53 and a two-hundred day moving average price of $33.37. Comcast has a 52 week low of $25.75 and a 52 week high of $45.31. The firm has a market capitalization of $99.66 billion, a PE ratio of 4.46, a P/E/G ratio of 1.69 and a beta of 0.94. </p><p>Comcast (NASDAQ:CMCSA - Get Free Report) last released its quarterly earnings results on Monday, March 13th. The cable giant reported $0.77 EPS for the quarter. The business had revenue of $30.34 billion for the quarter. Comcast had a return on equity of 18.86% and a net margin of 18.44%. On average, research analysts predict that  Comcast will post 4.33 EPS for the current fiscal year. </p><h2>Institutional Trading of Comcast</h2><ul><li>How Disney's Experiences Segment Can Restore the House of Mouse  </li></ul><p>Several hedge funds and other institutional investors have recently modified their holdings of the company. QRG Capital Management Inc. grew its holdings in  Comcast by 13.0% during the second quarter. QRG Capital Management Inc. now owns 724,760 shares of the cable giant's stock worth $25,867,000 after purchasing an additional 83,631 shares during the period.  Advisor OS LLC grew its holdings in  Comcast by 33.2% during the first quarter. Advisor OS LLC now owns 35,440 shares of the cable giant's stock worth $1,308,000 after purchasing an additional 8,841 shares during the period.  Aberdeen Group plc grew its holdings in  Comcast by 5.4% during the second quarter. Aberdeen Group plc now owns 2,889,947 shares of the cable giant's stock worth $103,142,000 after purchasing an additional 147,231 shares during the period.  Resona Asset Management Co. Ltd. grew its holdings in  Comcast by 10.2% during the first quarter. Resona Asset Management Co. Ltd. now owns 1,282,073 shares of the cable giant's stock worth $47,254,000 after purchasing an additional 118,839 shares during the period.  Finally, Davidson Investment Advisors grew its holdings in  Comcast by 37.4% during the second quarter. Davidson Investment Advisors now owns 457,691 shares of the cable giant's stock worth $16,335,000 after purchasing an additional 124,484 shares during the period. Institutional investors and hedge funds own  84.32% of the company's stock. </p><h2>About Comcast</h2> (Get Free Report)<p>Comcast Corporation operates as a media and technology company worldwide. It operates through Residential Connectivity &amp; Platforms, Business Services Connectivity, Media, Studios, and Theme Parks segments. The Residential Connectivity &amp; Platforms segment provides residential broadband and wireless connectivity services, residential and business video services, sky-branded entertainment television networks, and advertising.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Comcast</li><li>What Are Some of the Best Large-Cap Stocks to Buy?</li><li>Comfort Systems Is the AI Data Center Stock Beating NVDA, AVGO, &amp; AMD</li><li>EV Stocks and How to Profit from Them </li><li>Cameco's $80 Billion U.S. Nuclear Deal Changes Everything </li><li>Technology Stocks Explained: Here's What to Know About Tech</li><li>NU Stock: U.S. Bank License May Be the Next Growth Catalyst</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9Q01DU0E?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9Q01DU0E"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Comcast Right Now?</h2><p>Before you consider Comcast, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Comcast wasn't on the list.</p><p>While Comcast currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

CMCSA

<p>Benchmark has lowered its price target for Comcast (NASDAQ:CMCSA) from $48.00 to $46.00 while maintaining a "buy" rating. This new target suggests a potential upside of 70.43% from the current stock price of $26.99. Other analysts have also adjusted their targets, with Royal Bank of Canada setting it at $38.00, UBS at $34.00, and Deutsche Bank at $44.00. The average target price among analysts is $37.20, with a mix of ratings including one Strong Buy, eleven Buy, seventeen Hold, and three Sell.</p>

Benchmark Cuts Comcast (NASDAQ:CMCSA) Price Target to $46.00