Viacom (VIAB) Has The Most Attractive Valuation In US Media
By Benzinga Staff
December 15, 2009 4:30 PM
December 15, 2009 4:30 PM
According to Barclays, Viacom, Inc. (NYSE: VIA)(FREE stock trend analysis) offers the best opportunity for upside to 2010 estimates in the large-cap media.
The drivers for Viacom are core margin expansion resulting from substantial cost cuts and cyclical improvement in TV advertising trends. Barclays expects the video game business and the Paramount movie studio to add to consolidated growth. Barclays feels that Viacom offers the most attractive valuation in US media, based on 2010E P/E and P/CF ratios. The stock is trading at $30.46.
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