Liberty Sirius XM Group (NASDAQ:LSXMA) was upgraded by investment analysts at Macquarie from a “neutral” rating to an “outperform” rating in a note issued to investors on Monday. The firm currently has a $41.00 price objective on the stock. Macquarie’s target price would indicate a potential upside of 13.83% from the company’s current price.

A number of other analysts have also issued reports on the stock. Zacks Investment Research upgraded shares of Liberty Sirius XM Group from a “hold” rating to a “buy” rating and set a $37.00 price objective on the stock in a research note on Wednesday, October 12th. Pivotal Research lifted their price objective on shares of Liberty Sirius XM Group from $44.00 to $48.00 and gave the company a “buy” rating in a research note on Friday, September 30th. Finally, Citigroup Inc. lifted their price objective on shares of Liberty Sirius XM Group from $35.00 to $37.00 and gave the company a “neutral” rating in a research note on Wednesday, August 24th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and eight have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $41.14.

Analyst Recommendations for Liberty Sirius XM Group (NASDAQ:LSXMA)

Liberty Sirius XM Group (NASDAQ:LSXMA) opened at 36.02 on Monday. Liberty Sirius XM Group has a one year low of $28.00 and a one year high of $36.19. The stock has a 50 day moving average of $33.51 and a 200 day moving average of $32.97. The firm’s market cap is $12.07 billion.

A number of institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. bought a new stake in Liberty Sirius XM Group during the second quarter worth about $199,617,000. EverPoint Asset Management LLC bought a new stake in Liberty Sirius XM Group during the second quarter worth about $91,828,000. BlackRock Institutional Trust Company N.A. bought a new stake in Liberty Sirius XM Group during the second quarter worth about $73,578,000. Principal Financial Group Inc. bought a new stake in Liberty Sirius XM Group during the second quarter worth about $60,582,000. Finally, State Street Corp bought a new stake in Liberty Sirius XM Group during the second quarter worth about $56,107,000.

Liberty Sirius XM Group Company Profile

Liberty Media Corporation (Liberty) owns interests in subsidiaries and other companies, which are engaged in the media and entertainment industries. Through its subsidiaries and affiliates, the Company principally operates in North America. Its principal businesses and assets include its consolidated subsidiaries Sirius XM Holdings Inc (SIRIUS XM) and the Braves Holdings, LLC (Braves Holdings), and its equity affiliate Live Nation Entertainment, Inc (Live Nation).

5 Day Chart for NASDAQ:LSXMA

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