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Liberty Media Group (NASDAQ:LMCA) target price raised to $35.00, reported today by Pivotal Research

Reporting a possible upside of 0.46%, Pivotal Research bumped the price target of Liberty Media Group (NASDAQ:LMCA) to $35.

Yesterday Liberty Media Group (NASDAQ:LMCA) traded 0.07% higher at $24.03. Liberty Media Group’s 50-day moving average is $22.40 and its 200-day average is $21.89. The last stock price is up 25.84% from the two hundred day average, compared to the S&P 500 Index which has decreased -0.01% over the same period. Trade volume was was up over the average, with 835,338 shares of LMCA changing hands over the typical 466,806 shares..

Recent Performance Graphic:

Liberty Media Group (NASDAQ:LMCA)

Liberty Media Group has a one-year low of $17.72 and a 52 week high of $29.65. Liberty Media Group’s market capitalization is presently $0.0.

Also covering Liberty Media Group’s stock price target, a total of 13 equity analysts have issued a ratings update on the company. The 12-month target stock price is $31.30 with three analysts rating the company a strong buy, six firms rating the stock a buy, four analyts rating the stock a hold, 0 rating the company to underperform, and lastly 0 analystsrating the stock as sell.

Brief Synopsis On Liberty Media Group (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, and Braves Holdings.

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