Sirius XM Holdings (SIRI) : Analyst Rating Update

Sirius XM Holdings (SIRI) has an average broker rating of 1.77, which is interpreted as a Buy, as rated by 13 equity analysts. Nonetheless, 8 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 5 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

Sirius XM Holdings (SIRI) : The highest short term price target forecast on Sirius XM Holdings (SIRI) is $5 and the lowest target price is $4. A total of 11 equity analysts are currently covering the company. The average price of all the analysts is $4.69 with a standard deviation of $0.43.

Sirius XM Holdings (NASDAQ:SIRI): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $3.93 and $3.92 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $4.00. The buying momentum continued till the end and the stock did not give up its gains. It closed at $3.99, notching a gain of 1.27% for the day. The total traded volume was 59,320,372 . The stock had closed at $3.94 on the previous day.

The company shares have rallied 8.24% from its 1 Year high price. On Nov 23, 2015, the shares registered one year high at $4.20 and the one year low was seen on Feb 8, 2016. The 50-Day Moving Average price is $3.94 and the 200 Day Moving Average price is recorded at $3.85.

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