Today, Liberty Sirius XM Group (LSXMA) Upgraded at Zacks Investment Research

Today, Liberty Sirius XM Group (LSXMA) Upgraded at Zacks Investment Research

Zacks Investment Research upgraded shares of Liberty Sirius XM Group (NASDAQ:LSXMA) from a hold rating to a buy rating in a report published on Wednesday. Zacks Investment Research currently has $37.00 price target on the stock.

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. “

Other analysts have also issued reports about the stock. Pivotal Research upped their price target on shares of Liberty Sirius XM Group from $44.00 to $48.00 and gave the stock a buy rating in a research note on Friday, September 30th. Citigroup Inc. increased their target price on shares of Liberty Sirius XM Group from $35.00 to $37.00 and gave the company a neutral rating in a research note on Wednesday, August 24th. Finally, Telsey Advisory Group assumed coverage on shares of Liberty Sirius XM Group in a research note on Tuesday, July 12th. They set an outperform rating and a $39.52 target price for the company. Four investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. The company presently has an average rating of Buy and a consensus target price of $40.68.

Liberty Sirius XM Group (NASDAQ:LSXMA) opened at 32.57 on Wednesday. The firm’s market cap is $10.91 billion. Liberty Sirius XM Group has a one year low of $28.00 and a one year high of $36.01. The firm has a 50 day moving average of $33.57 and a 200-day moving average of $32.85.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in LSXMA. Manchester Capital Management LLC bought a new position in Liberty Sirius XM Group during the second quarter valued at $102,000. Partners Capital Investment Group LLC bought a new position in Liberty Sirius XM Group during the second quarter valued at $122,000. Chicago Partners Investment Group LLC bought a new position in Liberty Sirius XM Group during the second quarter valued at $125,000. US Bancorp DE bought a new position in Liberty Sirius XM Group during the second quarter valued at $125,000. Finally, KBC Group NV bought a new position in Liberty Sirius XM Group during the second quarter valued at $140,000.

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).

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