Liberty Sirius XM Group (LSXMK) Upgraded to “Buy” by Zacks Investment Research
Liberty Sirius XM Group (NASDAQ:LSXMK) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Wednesday. The brokerage currently has a $37.00 target price on the stock. Zacks Investment Research’s price objective would suggest a potential upside of 12.56% from the company’s previous close.
According to Zacks, “The Liberty SiriusXM Group provides satellite radio services consists of commercial-free music, sports, news, talk, entertainment, traffic and weather. The Liberty SiriusXM Group is based in United States. “
Shares of Liberty Sirius XM Group (NASDAQ:LSXMK) opened at 32.87 on Wednesday. The stock’s 50 day moving average is $33.16 and its 200-day moving average is $32.28. Liberty Sirius XM Group has a 12-month low of $28.04 and a 12-month high of $35.69. The stock’s market cap is $11.01 billion.
About Liberty Sirius XM Group
Liberty Media Corporation (Liberty) owns interests in subsidiaries and other companies, which are engaged in the media and entertainment industries. Through its subsidiaries and affiliates, the Company principally operates in North America. Its principal businesses and assets include its consolidated subsidiaries Sirius XM Holdings Inc (SIRIUS XM) and the Braves Holdings, LLC (Braves Holdings), and its equity affiliate Live Nation Entertainment, Inc (Live Nation).
Receive News & Ratings for Liberty Sirius XM Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liberty Sirius XM Group and related companies with MarketBeat.com's FREE daily email newsletter.