Sirius XM Holdings (SIRI) is Reiterated by RBC Capital Mkts to Sector Perform, Raises Price Target to $ 4.75

Sirius XM Holdings (SIRI) was Reiterated by RBC Capital Mkts to “Sector Perform” according to the research note released today. The brokerage firm has raised the Price Target to $ 4.75 from a previous price target of $4.25 . RBC Capital Mkts advised their investors in a research report released on Jul 27, 2016.

Many Wall Street Analysts have commented on Sirius XM Holdings. Telsey Advisory Group Initiated Sirius XM Holdings on Jul 12, 2016 to “Market Perform”, Price Target of the shares are set at $4.59.Company shares were Reiterated by Wunderlich on Apr 29, 2016 to “Buy”, Firm has raised the Price Target to $ 5 from a previous price target of $4.60 .

On the company’s financial health, Sirius XM Holdings reported $0.03 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on Jul 26, 2016. Analyst had a consensus of $0.04. The company had revenue of $1235.57 million for the quarter, compared to analysts expectations of $1224.54 million. The company’s revenue was up 10.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.03 EPS.

Sirius XM Holdings closed down -0.04 points or -0.91% at $4.36 with 5,50,94,792 shares getting traded on Thursday. Post opening the session at $4.39, the shares hit an intraday low of $4.32 and an intraday high of $4.42 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

In a different news, on May 26, 2016, James Mooney (director) sold 173 shares at $3.91 per share price. According to the SEC, on May 20, 2016, James P Holden (director) sold 145 shares at $3.90 per share price. On Mar 2, 2016, Joan Lordi Amble (director) sold 97,606 shares at $3.76 per share price, according to the Form-4 filing with the securities and exchange commission.

Sirius XM Holdings

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