Zacks Investment Research upgraded shares of Liberty Sirius XM Group (NASDAQ:LSXMA) from a sell rating to a hold rating in a research report report published on Saturday morning.

According to Zacks, “The Liberty SiriusXM Group provides satellite radio services consists of commercial-free music, sports, news, talk, entertainment, traffic and weather. The Liberty SiriusXM Group is based in United States. “

A number of other equities analysts have also recently issued reports on LSXMA. Citigroup Inc. increased 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. Pivotal Research increased 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. Macquarie upgraded shares of Liberty Sirius XM Group from a neutral rating to an outperform rating and set a $41.00 price objective for the company in a research note on Monday, November 14th. Deutsche Bank AG cut shares of Liberty Sirius XM Group from a buy rating to a hold rating and increased their price objective for the company from $37.00 to $39.00 in a research note on Wednesday, November 16th. They noted that the move was a valuation call. Finally, FBN Securities upgraded shares of Liberty Sirius XM Group from a sector perform rating to an outperform rating in a research note on Wednesday, November 16th. Four analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. The company currently has an average rating of Buy and an average price target of $41.32.

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

Shares of Liberty Sirius XM Group (NASDAQ:LSXMA) opened at 36.51 on Friday. The company’s market capitalization is $12.23 billion. Liberty Sirius XM Group has a 12-month low of $28.00 and a 12-month high of $36.88. The company has a 50 day moving average of $34.01 and a 200-day moving average of $33.16.

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Several hedge funds and other institutional investors have recently modified their holdings of LSXMA. Manchester Capital Management LLC acquired a new position in shares of Liberty Sirius XM Group during the second quarter valued at about $102,000. Partners Capital Investment Group LLC acquired a new position in shares of Liberty Sirius XM Group during the second quarter valued at about $122,000. Chicago Partners Investment Group LLC acquired a new position in shares of Liberty Sirius XM Group during the second quarter valued at about $125,000. US Bancorp DE acquired a new position in shares of Liberty Sirius XM Group during the second quarter valued at about $125,000. Finally, KBC Group NV acquired a new position in shares of Liberty Sirius XM Group during the second quarter valued at about $140,000.

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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