The opening price for CBS Corporation (NYSE:CBS) was $56.07 and the volume amounted to 12.73 million shares which compares with the average volume of 3.4 million shares. The company stock experienced a -3.08% move to arrive at $54.46.CBS Corporation (CBS) Analyst Opinion
CBS Corporation has a consensus outperform rating from 32 Wall Street analysts, and the number of shares currently sold short amount to at least 3.45% of shares outstanding. The stock sank -9.19% last month and is down -14.4 this year. Wall Street is only getting more bullish on the stock, with 24 of analysts who cover CBS having a buy-equivalent rating. Analysts have placed a $73.95 price target on CBS Corporation, suggesting a 35.79% gain from recent close. It’s currently trading about -22.31% below its 52-week high.
CBS Corporation (CBS) surprised the stock market in its last reported earnings when it earned $1.04 a piece versus the consensus-estimated $0.98. Its revenue totaled $3.09 billion down -7.62% from the previous quarter.CBS Corporation (NYSE:CBS) Intraday View
This stock (CBS) is ahead of its 52-week low with -1.04%. Its last month’s stock price volatility remained 2.35% which for the week stands at 2%. The share price has moved backward from its 20 days moving average, trading at a distance of -4.85% and stays -7.97% away from its 50 days moving average. Over the last five days, shares have faced -4.52% losses and now is down -14.25% since hitting its 200-day moving average. CBS Corporation (CBS) has made its way to a 12-month decline of -1.25%.
Turning to Globalstar, Inc. (NYSE:GSAT), its shares were trading at $1.62 a retreat of $-0.04, on the trading floor. The stock, after opening at $1.67, touched a high of $1.67 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2. Globalstar, Inc. has 0 buy ratings, 0 holds and 0 sells even after the stock tumbled -37.45% from its high of $ 2.59 to a $1.76 billion market value through last close.
The company’s consensus rating on Reuter’s scale remained unchanged from 2 to 2 during a month. Analysts set a 12-month price target of $2.5 a share. The target implies a 54.32% spike from where the shares are currently trading. Also, the current price highlights a discount of 54.32% to analysts’ high consensus price target.Globalstar, Inc. (NYSE:GSAT) Intraday Trading
The counter witnessed a trading volume of 8.14 million shares versus an average volume of 3.43 million shares during last trading session. Its last month’s stock price volatility remained 6.05% which for the week approaches 5.46%. The lowest price the stock reached in the last trading day was $1.55 and compares with the $0.73 52-week low. The stock recovered 120.83% since its low point and has performed 2.53% year-to-date.