Sleeper Stocks: Discovery, Inc. (DISCA), Marsh & McLennan Companies, Inc. (MMC)

Discovery, Inc. (DISCA) rose 0.77% this week, a trend that has led to both investors and traders taking note of the stock. Over the past one year, the equity price has embarked on a rally that has seen it rise 6.3% and is now up by 10.43% since start of this year. A look at its monthly performance shows that the stock has recorded a 9.06% gain over the past 30 days. Its equity price dipped by -18.15% over the past three months which led to its overall six-month increase to stand at 4.79%.

Experts from research firms are bullish about the near-term performance of Discovery, Inc. with most of them predicting a $34.55 price target on a short-term (12 months) basis. The average price target by the analysts will see a 26.46% rise in the stock and would lead to DISCA’s market cap to surge to $18.07B. The stock has been rated an average 2.5, which roughly stands towards the bearish end of the spectrum. Reuters looked into the 24 analysts that track Discovery, Inc. (NASDAQ:DISCA) and find out that 12 of them rated it as a Hold. 11 of the 12 analysts rated it as a Buy or a Strong Buy while 1 advised investors to desist from buying the stock or sell it if they already possess it.

A look at DISCA technical analysis shows that its 14-day Relative Strength Index (RSI) is in a neutral zone after reaching 51.5 point. Its trading volume has added 185108 shares compared to readings over the past three months as it recently exchanged 4545108 shares. This means there is improved activity from short-term traders as per session, its average trading volume is 4360000 shares, and this is 1.04 times the normal volume.

Analysts have predicted a price target for Marsh & McLennan Companies, Inc. (MMC) for 1 year and it stands at an average $90.07/share. This means that it would likely increase by 8.52% from its current position. The current price of the stock has been moving between $82.43 and $83.29. Some brokerage firms have a lower target for the stock than the average, with one of them setting a price target as low as $82. On the other hand, one analyst is super bullish about the price, setting a target as high as $95.

The MMC stock Stochastic Oscillator (%D) is at 80.77%, which means that it is currently overbought and its prices could dip very soon. The shares P/S ratio stands at 2.8 which compares to the 2.79 recorded by the industry or the 6.07 by the wider sector. The stock currently has an estimated price-earnings (P/E) multiple of 17.87, which is lower than the 21.6 multiple of 12-month price-earnings (P/E). The company’s earnings have gone up, with a quarterly increase rate of 12% over the past five years.

Analysts view Marsh & McLennan Companies, Inc. (NYSE:MMC) as a Hold, with 2.6 consensus rating. Reuters surveyed 17 analysts that follow MMC and found that 10 of those analysts rated the stock as a Hold. The remaining 7 were divided, with 6 analyst rating it as a Buy or a Strong Buy while 1 analysts advised investors to desist from buying Marsh & McLennan Companies, Inc. (MMC) shares or sell it if they already own it.