Why 2017 Was a Year to Forget for Comcast Corporation
2017 was a year to forget for Comcast (NASDAQ: CMCSA), which saw its stock rise just 3% as the S&P 500 advanced 16%. Yet Comcast seems cheap at 15 times next year's earnings, and analysts expect its revenue and earnings to respectively rise 5% and 18% this year.
Will Comcast fare better next year? To decide, let's examine the three major headwinds that weighed down the ISP and media giant this year and whether they will fade in 2018.
Image source: Getty Images.
Source: Fool.com
Comcast Corp. Stock
€36.57
3.700%
With 20 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
With a target price of 45 € there is a positive potential of 23.05% for Comcast Corp. compared to the current price of 36.57 €.
