Paramount Skydance (NASDAQ:PSKY) Research Coverage Started at Guggenheim

Guggenheim started coverage on shares of Paramount Skydance (NASDAQ:PSKY) in a report published on Wednesday morning,Benzinga reports. The brokerage issued a buy rating and a $13.00 target price on the stock.

PSKY has been the subject of several other reports. Barclays decreased their target price on shares of Paramount Skydance from $12.00 to $8.00 and set an “underweight” rating for the company in a research report on Friday, August 8th. Seaport Res Ptn raised shares of Paramount Skydance from a “strong sell” rating to a “hold” rating in a research report on Friday, August 8th.

Paramount Skydance Stock Down 4.6%

PSKY opened at $13.72 on Wednesday. Paramount Skydance has a 1-year low of $9.95 and a 1-year high of $17.53. The company has a quick ratio of 1.21, a current ratio of 1.39 and a debt-to-equity ratio of 0.83. The firm has a market capitalization of $9.25 billion, a price-to-earnings ratio of 12.73, a P/E/G ratio of 3.72 and a beta of 1.17.

Paramount Skydance Company Profile

Paramount Global is a media and entertainment company which creates premium content and experiences for audiences. The company’s portfolio of consumer brands includes CBS, Showtime Networks, Paramount Pictures, Nickelodeon, MTV, Comedy Central, BET, Paramount , Pluto TV and Simon & Schuster, among others.