Deutsche Bank AG cut shares of Liberty Sirius XM Group (NASDAQ:LSXMA) from a buy rating to a hold rating in a report released on Wednesday morning. The brokerage currently has $39.00 price target on the stock, up from their prior price target of $37.00. The analysts noted that the move was a valuation call.

A number of other research analysts have also recently issued reports on the company. Macquarie raised Liberty Sirius XM Group from a neutral rating to an outperform rating and set a $41.00 price objective for the company in a report on Monday. Zacks Investment Research cut Liberty Sirius XM Group from a buy rating to a sell rating in a report on Tuesday, October 25th. Pivotal Research lifted their price target on Liberty Sirius XM Group from $44.00 to $48.00 and gave the company a buy rating in a report on Friday, September 30th. Finally, Citigroup Inc. lifted their price target on Liberty Sirius XM Group from $35.00 to $37.00 and gave the company a neutral rating in a report on Wednesday, August 24th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and nine have given a buy rating to the company’s stock. The stock has a consensus rating of Buy and an average target price of $41.32.

Liberty Sirius XM Group (NASDAQ:LSXMA) traded up 0.45% during mid-day trading on Wednesday, reaching $36.00. 217,767 shares of the company’s stock were exchanged. The stock’s market cap is $3684.38 billion. Liberty Sirius XM Group has a 52 week low of $28.00 and a 52 week high of $36.19. The stock has a 50-day moving average price of $33.57 and a 200-day moving average price of $32.99.

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