LIVE NATION STOCK: ROBUST RECOVERY AHEAD?

An investment analyst is projecting a financial recovery for Live Nation after the conclusion of the COVID-19 pandemic that could see the stock price doubling within three years.

Christine Jurzenski of Avenir Capital wrote for Sum Zero and Barron’s, “This unprecedented occurrence gives investors the opportunity to purchase a high-quality business at 2017 valuations. … Live Nation will be worth $85 per share when the business normalizes and shares return to their five-year average forward Ebitda multiple of 15x. That implies more than 100% upside over two years.”

The stock markets are closed today for Good Friday. Live Nation closed Thursday at $38.27. Read the report here.

BACK TO RUMOR MILL

		ATLANTIC UNVEILS NEW LEADERSHIP STRUCTURE The Elliot era begins. (9/24a) Check It Out Now DICKON STAINER TO HEAD UMG U.K. Changing of the guard (9/24a) Check It Out Now CALL MY AGENT: SAMANTHA KIRBY YOH The latest in a series of live-exec trading cards (9/27a) Check It Out Now TOP 20: FUTURISTIC Score one for hip-hop. (9/26a) Check It Out Now NADEL MOVES FROM ELEKTRA TO WARNER MUSIC NASHVILLE WMG reorg hits Music City. (9/24a) Check It Out Now
		THE GRAMMY SHORT LIST Who's already a lock? COUNTRY'S NEWEST DISRUPTOR Three chords and some truth you may not be ready for. AI IS ALREADY EATING YOUR LUNCH The kids can tell the difference... for now. ALL THE WAY LIVE The players, the tours, the enormous beers.

rumor mail

Email

First Name

Last Name

Company

Country
CAPTCHA code

Captcha: (type the characters above)

By clicking submit you are agreeing
to Terms and Conditions

LIVE NATION STOCK: ROBUST RECOVERY AHEAD?

Modal