Analysts Expect Liberty Braves Group (BATRK) to Post $0.09 Earnings Per Share
Liberty Braves Group (NASDAQ:BATRK) has been given an average broker rating score of 4.30 (Sell) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One investment analyst has rated the stock with a strong sell rating.
Brokers have set a 12 month consensus target price of $25.00 for the company and are expecting that the company will post $0.09 EPS for the current quarter, according to Zacks. Zacks has also assigned Liberty Braves Group an industry rank of 29 out of 265 based on the ratings given to related companies.
Several equities analysts have weighed in on the stock. Morgan Stanley upped their target price on shares of Liberty Braves Group from $22.00 to $25.00 and gave the stock an “underweight” rating in a research note on Thursday, September 21st. Zacks Investment Research downgraded shares of Liberty Braves Group from a “hold” rating to a “sell” rating in a research report on Monday, September 25th. Finally, TheStreet downgraded shares of Liberty Braves Group from a “c-” rating to a “d” rating in a research report on Thursday, November 2nd.
Liberty Braves Group (NASDAQ:BATRK) opened at $23.37 on Friday. Liberty Braves Group has a 1 year low of $19.30 and a 1 year high of $26.20.
Hedge funds have recently added to or reduced their stakes in the business. OxFORD Asset Management LLP acquired a new stake in Liberty Braves Group during the 2nd quarter worth about $213,000. GABELLI & Co INVESTMENT ADVISERS INC. grew its stake in shares of Liberty Braves Group by 6.2% in the 2nd quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 11,339 shares of the financial services provider’s stock valued at $272,000 after buying an additional 661 shares in the last quarter. PNC Financial Services Group Inc. grew its stake in shares of Liberty Braves Group by 1.4% in the 2nd quarter. PNC Financial Services Group Inc. now owns 15,101 shares of the financial services provider’s stock valued at $361,000 after buying an additional 207 shares in the last quarter. JT Stratford LLC grew its stake in shares of Liberty Braves Group by 7.3% in the 2nd quarter. JT Stratford LLC now owns 17,032 shares of the financial services provider’s stock valued at $408,000 after buying an additional 1,156 shares in the last quarter. Finally, Parametric Portfolio Associates LLC grew its stake in shares of Liberty Braves Group by 2.7% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 18,365 shares of the financial services provider’s stock valued at $440,000 after buying an additional 483 shares in the last quarter. Hedge funds and other institutional investors own 71.38% of the company’s stock.
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Liberty Braves Group Company Profile
Liberty Media Corporation owns interests in subsidiaries and other companies, which are engaged in the media and entertainment industries. The Company’s principal businesses and assets include its consolidated subsidiaries Sirius XM Holdings Inc (SIRIUS XM) and Braves Holdings, LLC (Braves Holdings), and its equity affiliate Live Nation Entertainment, Inc (Live Nation).
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