Sirius XM Holdings (SIRI) Receives ‘Analyst’ Rating

Sirius XM Holdings (SIRI) : 13 analysts are covering Sirius XM Holdings (SIRI) and their average rating on the stock is 1.77, which is read as a Buy. 8 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 5 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Sirius XM Holdings (SIRI) : Currently there are 11 street experts covering Sirius XM Holdings (SIRI) stock. The most bullish and bearish price target for the stock is $6 and $4 respectively for the short term. The average price target of all the analysts comes to $4.91. The estimated standard deviation from the target is $0.36.


Also, In a research note released to the investors, Citigroup maintains its rating on Sirius XM Holdings (NASDAQ:SIRI).The analysts at the brokerage house have a current rating of Buy on the shares. In a recent information released to the investors, Citigroup raises the new price target from $4.5 per share to $4.85 per share. The rating by the firm was issued on August 18, 2016.

Sirius XM Holdings (NASDAQ:SIRI): After opening at $4.09, the stock dipped to an intraday low of $4.07 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $4.17 and the buying power remained strong till the end. The stock closed at $4.165 for the day, a gain of 1.83% for the day session. The total traded volume was 56,750,773. The stocks close on the previous trading day was $4.09.

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