Liberty Sirius XM Group Series C (LSXMK) Given $55.00 Average Price Target by Analysts
Shares of Liberty Sirius XM Group Series C (NASDAQ:LSXMK) have been assigned an average broker rating score of 1.25 (Strong Buy) from the two brokers that cover the stock, Zacks Investment Research reports. One research analyst has rated the stock with a buy recommendation and one has given a strong buy recommendation to the company. Liberty Sirius XM Group Series C’s rating score has declined by 25% in the last 90 days as a result of various analysts’ ratings changes.
Analysts have set a 1-year consensus price target of $55.00 for the company and are anticipating that the company will post $0.40 EPS for the current quarter, according to Zacks. Zacks has also assigned Liberty Sirius XM Group Series C an industry rank of 244 out of 255 based on the ratings given to related companies.
LSXMK has been the subject of several research analyst reports. Morgan Stanley reiterated an “overweight” rating and set a $51.00 target price on shares of Liberty Sirius XM Group Series C in a research note on Friday, March 15th. Zacks Investment Research upgraded shares of Liberty Sirius XM Group Series C from a “hold” rating to a “buy” rating and set a $42.00 target price for the company in a research note on Friday, January 4th.
NASDAQ LSXMK opened at $39.93 on Monday. The firm has a market cap of $8.42 billion, a P/E ratio of 19.87 and a beta of 1.17. Liberty Sirius XM Group Series C has a 1 year low of $34.84 and a 1 year high of $48.56.
Liberty Sirius XM Group Series C (NASDAQ:LSXMK) last posted its quarterly earnings data on Thursday, February 28th. The technology company reported $0.38 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.46 by ($0.08). The company had revenue of $1.50 billion for the quarter. On average, analysts anticipate that Liberty Sirius XM Group Series C will post 2.13 earnings per share for the current year.
About Liberty Sirius XM Group Series C
The Liberty SiriusXM Group, through its subsidiary Sirius XM Holdings Inc, transmits music, sports, entertainment, comedy, talk, news, traffic, and weather channels in the United States and Canada. The company also provides infotainment services; and Sirius XM on Demand over its Internet radio service through applications for mobile and home devices, and other consumer electronic equipment.
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