Morgan Stanley Reiterates “Overweight” Rating for Liberty Sirius XM Group Series C (LSXMK)
Liberty Sirius XM Group Series C (NASDAQ:LSXMK)‘s stock had its “overweight” rating reaffirmed by analysts at Morgan Stanley in a report released on Friday, Marketbeat Ratings reports. They presently have a $51.00 price target on the technology company’s stock. Morgan Stanley’s price target would indicate a potential upside of 21.89% from the company’s previous close.
Separately, Zacks Investment Research lowered shares of Liberty Sirius XM Group Series C from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 30th.
LSXMK stock opened at $41.84 on Friday. The stock has a market capitalization of $8.82 billion, a PE ratio of 20.82 and a beta of 1.20. Liberty Sirius XM Group Series C has a 12 month low of $34.84 and a 12 month high of $48.56.
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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