Piper Sandler analyst Thomas Champion reiterated a Buy rating on Endeavor Group Holdings Inc (EDR – Research Report) today and set a price target of $33.00. The company’s shares opened today at $24.38.
Champion covers the Technology sector, focusing on stocks such as Pinterest, Roblox, and Amazon. According to TipRanks, Champion has an average return of -7.9% and a 37.77% success rate on recommended stocks.
Endeavor Group Holdings Inc has an analyst consensus of Strong Buy, with a price target consensus of $30.00, representing a 23.05% upside. In a report released on October 27, J.P. Morgan also initiated coverage with a Buy rating on the stock with a $31.00 price target.
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EDR market cap is currently $16.97B and has a P/E ratio of -173.40.
Based on the recent corporate insider activity of 90 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of EDR in relation to earlier this year. Most recently, in August 2023, Mark S. Shapiro, the President and Chief Operating Officer of EDR sold 469,032.00 shares for a total of $11,475,238.80.
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Endeavor Group Holdings Inc (EDR) Company Description:
Endeavor Group Holdings is a leading sports and entertainment company that owns and operates premium sports properties, including the UFC. It also produces and distributes sports and entertainment content. Further, it owns and manages exclusive live events and experiences.
Read More on EDR:
- Endeavor Group reports Q3 EPS (25c), consensus 31c
- Endeavor Group Holdings call volume above normal and directionally bullish
- Silver Lake in talks with Mubadala for Endeavor bid, Bloomberg reports
- Endeavor Group up 1% to $23.03 following Bloomberg report
- Silver Lake seeking Mubadala support for Endeavor bid, Bloomberg reports
