Quantcast
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.

SURF’S UP
FOR HITS LIST
Good vibrations (3/8a)
SPEAKING OF BESPOKE: THE BEN WINSTON INTERVIEW
Carpool Karaoke dude's in the driver's seat. (3/8a)
BHASKAR MENON,
1934-2021
EMI architect had a remarkable career. (3/8a)
GRAMMY PERFORMER LINEUP REVEALED
Is there more to come? You better believe it. (3/8a)
GRAMMY WEEK KICKS OFF
Hear we go again... but virtually this time. (3/8a)
BLACK HISTORY MONTH
A jazz chronicle of fighting the power.
GRAMMYS: WHERE TO FROM HERE?
After the snubs, the show.
ACQUITTED
In a phenomenal display of cowardice.
MOVING THE NEEDLE
When vaccination schedules and touring schedules meet.
 Email

 First Name

 Last Name

 Company

 Country
CAPTCHA code
Captcha: (type the characters above)