Research analysts at JPMorgan Chase & Co. began coverage on shares of Warner Music Group (NYSE:WMG) in a research report issued on Monday, The Fly reports. The brokerage set an “overweight” rating and a $40.00 price target on the stock. JPMorgan Chase & Co.‘s price objective would suggest a potential upside of 27.27% from the stock’s current price.

Several other research analysts have also recently commented on WMG. Barclays began coverage on shares of Warner Music Group in a report on Monday. They set an “equal weight” rating and a $28.00 target price on the stock. Sanford C. Bernstein started coverage on shares of Warner Music Group in a research report on Tuesday, June 23rd. They set a “market perform” rating and a $33.00 price target on the stock. Atlantic Securities started coverage on shares of Warner Music Group in a research report on Wednesday, June 3rd. They set a “neutral” rating and a $23.00 price target on the stock. Goldman Sachs Group started coverage on shares of Warner Music Group in a research report on Monday. They set a “neutral” rating and a $33.00 price target on the stock. Finally, Macquarie started coverage on shares of Warner Music Group in a research report on Monday. They set a “neutral” rating and a $32.00 price target on the stock. Eight equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Warner Music Group currently has a consensus rating of “Hold” and a consensus price target of $33.64.

Warner Music Group stock opened at $31.43 on Monday. Warner Music Group has a twelve month low of $26.99 and a twelve month high of $34.76.

About Warner Music Group

There is no company description available for Warner Music Group Corp.

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Analyst Recommendations for Warner Music Group (NYSE:WMG)

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