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 2, which recommends a Buy 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 consensus price target for Liberty Media Corporation (LMCA) is $36.69 for the short term with a standard deviation of $14.72. The most optimist securities analyst among the 8 who monitor the stock believes that the stock can reach $54, however, the pessimist price target for the company is $19.
The Liberty Media Group has dropped 0.23% in the last five trading days, however, the shares have posted positive gains of 2.78% in the last 4 weeks. The Liberty Media Group is up 12.48% in the last 3-month period. Year-to-Date the stock performance stands at -20.87%. Liberty Media Corporation (NASDAQ:LMCA): stock turned positive on Tuesday. Though the stock opened at $21.85, the bulls momentum made the stock top out at $21.98 level for the day. The stock recorded a low of $21.77 and closed the trading day at $21.81, in the green by 0.37%. The total traded volume for the day was 132,458. The stock had closed at $21.73 in the previous days trading.
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.