A statement released earlier today by Wunderlich Securities about Liberty Media (NASDAQ:LMCA) bumps the target price to $31.00
- Updated: September 25, 2016
Having a price of $29.15, Liberty Media (NASDAQ:LMCA) traded -2.90% lower on the day. With the last close up 32.43% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Liberty Media has recorded a 50-day average of $23.60 and a two hundred day average of $22.01. Volume of trade was down over the average, with 244,068 shares of LMCA changing hands under the typical 483,817
Stating as potential upside of 0.06%, Wunderlich Securities upped the price target of Liberty Media (NASDAQ:LMCA) to $31.00
On Tuesday September 13, 2016, Citigroup released a statement on Liberty Media (NASDAQ:LMCA) upped the target price from $22.00 to $32.00 that suggested an upside of 0.33%.
With a total market value of $0, Liberty Media has with a one year low of $17.72 and a one year high of $30.11 .
A total of 13 analysts have released a report on Liberty Media. Three analysts rating the company a strong buy, six analysts rating the company a buy, four analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $31.30.
More About Liberty Media (NASDAQ:LMCA)
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). The Company operates through two segments: SIRIUS X, and corporate and other. SIRIUS XM transmits its music, sports, entertainment, comedy, talk, news, traffic and weather channels, as well as infotainment services, in the United States on a subscription fee basis through its approximately two satellite radio systems. SIRIUS XM has approximately 29.6 million subscribers. Its corporate and other segment includes its consolidated subsidiary, Braves Holdings.
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