Liberty Media Corporation (LMCA) Receives Analyst Rating

Liberty Media Corporation (LMCA) : 6 analysts are covering Liberty Media Corporation (LMCA) and their average rating on the stock is 1.67, which is read as a Buy. 4 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 2 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Liberty Media Corporation (LMCA) : The highest short term price target forecast on Liberty Media Corporation (LMCA) is $54 and the lowest target price is $19. A total of 8 equity analysts are currently covering the company. The average price of all the analysts is $36.69 with a standard deviation of $14.72.


Also, Equity analysts at the Brokerage firm Citigroup maintains its rating on Liberty Media Corporation (NASDAQ:LMCA). The rating major has initiated the coverage with neutral rating on the shares. The Analysts at Citigroup raises the price target from $21 per share to $22 per share. The rating by the firm was issued on August 24, 2016.

Liberty Media Corporation (NASDAQ:LMCA): After opening at $27.71, the stock dipped to an intraday low of $27.05 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $27.8 and the buying power remained strong till the end. The stock closed at $27.54 for the day, a gain of 0.07% for the day session. The total traded volume was 835,338. The stocks close on the previous trading day was $27.52.

Liberty Media Corporation owns interests in subsidiaries and other companies, which are engaged in the media, communications and entertainment industries. Through its subsidiaries and affiliates, the Company operates in North America. The Companys businesses and assets include its consolidated subsidiaries SIRIUS XM and the Atlanta National League Baseball Club, Inc., and its equity affiliate Live Nation Entertainment, Inc. SIRIUS XM broadcasts 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 two satellite radio systems. Atlanta National League Baseball Club, Inc. (ANLBC) owns and operates the Atlanta Braves Major League Baseball (MLB) franchise and five league baseball clubs. Live Nation Entertainment, Inc. (Live Nation) has four business segments: Concerts, Ticketing, Artist Nation and Sponsorship & Advertising.

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