Vetr Crowd Says Viacom Could Post Double-Digit Returns

Shares of Viacom, Inc. VIAB have gained 9.4 percent since the year started, and more than 15 percent in the last month alone. However, the Vetr crowd seems to think there’s still room for upside left, as evidenced by its average price target of $51.24. This implies a potential return of roughly 12.8 percent from current valuations.

Related Link: Here's How Crowdsourced Ratings Can Beat The Market

Seeking to better reflect this upside potential, the community decided to upgrade its rating on Viacom’s stock on Monday, from 3.5 Stars (Buy) to 4.5 Stars (Strong Buy) - out of a possible 5.0 Stars rating.

Finally, it should be noted that 71 percent of the crowd's ratings are bullish.

Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.