Liberty Media Corporation (NASDAQ:FWONA) has been assigned an average recommendation of “Hold” from the seven research firms that are currently covering the firm, MarketBeat.com reports. Five research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $35.40.

A number of analysts recently weighed in on FWONA shares. Pivotal Research decreased their price target on Liberty Media Corporation from $55.00 to $50.00 and set a “buy” rating on the stock in a research note on Wednesday, May 24th. FBR & Co restated a “hold” rating and issued a $31.00 price target on shares of Liberty Media Corporation in a research note on Tuesday, May 30th. Zacks Investment Research upgraded Liberty Media Corporation from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 1st. Citigroup Inc lifted their price target on Liberty Media Corporation from $32.00 to $34.00 and gave the company a “neutral” rating in a research note on Monday, August 14th. Finally, FBN Securities downgraded Liberty Media Corporation from an “outperform” rating to a “sector perform” rating in a research note on Tuesday, June 6th.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. purchased a new stake in Liberty Media Corporation during the second quarter worth $67,778,000. Fairview Capital Investment Management LLC purchased a new stake in Liberty Media Corporation during the second quarter worth $40,832,000. Odey Asset Management Group Ltd purchased a new stake in Liberty Media Corporation during the second quarter worth $33,331,000. Dynamo Internacional Gestao DE Recursos LTDA. purchased a new stake in Liberty Media Corporation during the second quarter worth $28,495,000. Finally, Southeastern Asset Management Inc. TN purchased a new stake in Liberty Media Corporation during the second quarter worth $19,525,000. Institutional investors own 12.22% of the company’s stock.

TRADEMARK VIOLATION WARNING: “Liberty Media Corporation (FWONA) Receives $35.40 Average Price Target from Analysts” was posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this piece on another website, it was illegally copied and reposted in violation of United States and international copyright and trademark laws. The original version of this piece can be accessed at https://www.thecerbatgem.com/2017/09/04/liberty-media-corporation-fwona-receives-35-40-average-price-target-from-analysts.html.

Shares of Liberty Media Corporation (NASDAQ:FWONA) traded down 0.82% on Wednesday, hitting $37.62. The stock had a trading volume of 172,657 shares. Liberty Media Corporation has a 12 month low of $20.90 and a 12 month high of $38.30. The firm has a 50 day moving average of $34.14 and a 200 day moving average of $33.08. The stock’s market cap is $8.09 billion.

About Liberty Media Corporation

Formula One Group, through its subsidiaries, engages in the media and entertainment businesses in North America. Formula One Group was formerly known as The Liberty Media Group. The company is based in Englewood, Colorado. Formula One Group is a former subsidiary of Liberty Media Corporation.

Analyst Recommendations for Liberty Media Corporation (NASDAQ:FWONA)

Receive News & Stock Ratings for Liberty Media Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liberty Media Corporation and related stocks with our FREE daily email newsletter.