The Viacom Inc. (VIAB) Upgraded by Barrington Research to "Outperform"

New York: Viacom Inc (NASDAQ:VIAB) Stock Has Just Had Its “Buy” Rating Reiterated by Jefferies. Shares now Have a
Breaking: Jefferies Reaffirms $43.0 Target On Viacom Inc (NASDAQ:VIAB) Shares, Reaffirms Their Original “Buy” Rating
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13 September, 2017

Analysts expect that Viacom, Inc. will post $3.87 EPS for the current fiscal year. The firm earned "Hold" rating on Thursday, July 13 by BMO Capital Markets. The rating has been revealed in an analyst note on Thursday, 7 September. The legal version of this news story can be accessed at https://stocknewstimes.com/2017/09/12/viacom-inc-viab-earns-underperform-rating-from-sanford-c-bernstein.html. Viacom now has a consensus rating of "Hold" and a consensus price target of $42.04. Finally, Wedbush cut shares of Viacom from an outperform rating to a neutral rating and lowered their price objective for the company from $46.00 to $39.00 in a research report on Tuesday, December 13th. FUKOKU MUTUAL LIFE INSURANCE Co has an ownership of 2,202 stocks of the firms shares valued $103,000 after scooping up an extra 300 shares through out the previous quarter, Johnson Financial Group bought a fresh stake in stocks of Viacom through out the Fiscal Q2 valued about $108,000. The rating was upgraded by Guggenheim to "Buy" on Monday, January 9. (NASDAQ:VIAB), 13 have Buy rating, 2 Sell and 19 Hold. RBC Capital Markets has "Sector Perform" rating and $45 target. (NASDAQ:VIAB) news were published by: Nasdaq.com which released: "Financial Partners Capital Management Llc Buys SPDR S&P 500, Viacom Inc ..." on August 15, 2017, also Seekingalpha.com with their article: "Understanding (And Trying To Play) Viacom's Increasingly Bizarre Spread" published on August 18, 2017, Nasdaq.com published: "Ex-Dividend Reminder: World Wrestling Entertainment, Viacom and Macy's" on September 12, 2017. The firm's 50-day moving average is $30.63 and its 200 day moving average is $36.88. Viacom Inc. has $87 highest and $26 lowest target. On Friday, August 7 the stock rating was maintained by Stifel Nicolaus with "Buy". (NASDAQ:VIAB) on Thursday, January 14 with "Hold" rating. First Mercantile Trust Co. now owns 3,428 shares of the company's stock worth $115,000 after purchasing an additional 54 shares during the last quarter. The firm has a market cap of $17.32 billion, a P/E ratio of 12.07 and a beta of 1.33. Viacom had a return on equity of 30.89% and a net margin of 11.04%. The company's revenue for the quarter was up 8.3% compared to the same quarter a year ago. The company reported $1.04 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.84 by $0.20.

More notable recent Viacom, Inc. "(VIAB) Lowered to "Market Perform" at Wells Fargo & Company" was reported by TrueBlueTribune and is the sole property of of TrueBlueTribune. If you are reading this news story on another domain, it was copied illegally and republished in violation of U.S. & worldwide copyright and trademark legislation. The firm earned "Buy" rating on Thursday, September 22 by UBS. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.83%. Viacom's dividend payout ratio (DPR) is now 21.98%.

A number of other institutional investors have also recently added to or reduced their stakes in VIAB. First Personal Financial Services boosted its stake in Viacom by 998.2% during the first quarter. 6,258,771 shares of the stock traded hands. FUKOKU MUTUAL LIFE INSURANCE Co boosted its holdings in Viacom by 15.8% during the first quarter. Suntrust Banks Inc. now owns 21,318 shares of the company's stock worth $991,000 after buying an additional 106 shares during the last quarter. Fifth Third Bancorp boosted its holdings in Viacom by 9.4% during the first quarter. Fifth Third Bancorp now owns 2,616 shares of the company's stock valued at $122,000 after buying an additional 225 shares in the last quarter. First Mercantile Trust Co. boosted its holdings in Viacom by 1.6% during the second quarter.


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