Brokerage Firm Rating Update on Liberty Media Corporation (LMCK)

Liberty Media Corporation (LMCK) : 1 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Liberty Media Corporation (LMCK). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 1 Wall Street Analysts endorse the stock as a Hold with a rating of 3.

Liberty Media Corporation (LMCK) : The highest level Liberty Media Corporation (LMCK) is projected to reach is $49 for the short term and the lowest estimate is at $19. The consolidated price target from 2 rating analysts who initiate coverage on the stock is $34 and the possibility the share price can swing is $21.21.


Company shares have received an average consensus rating of Hold for the current week

Liberty Media Corporation (NASDAQ:LMCK): The stock opened at $21.6 and touched an intraday high of $22.09 on Wednesday. During the day, the stock corrected to an intraday low of $21.41, however, the bulls stepped in and pushed the price higher to close in the green at $21.7 with a gain of 0.18% for the day. The total traded volume for the day was 643,585. The stock had closed at $21.66 in the previous trading session.

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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