Stock analysts at Evercore ISI began coverage on shares of Warner Music Group (NYSE:WMG) in a research note issued to investors on Monday, Marketbeat Ratings reports. The brokerage set an “outperform” rating and a $36.00 price target on the stock. Evercore ISI’s target price points to a potential upside of 14.54% from the company’s previous close.

A number of other research firms also recently issued reports on WMG. Sanford C. Bernstein assumed coverage on shares of Warner Music Group in a report on Tuesday, June 23rd. They issued a “market perform” rating and a $33.00 price objective on the stock. Credit Suisse Group assumed coverage on shares of Warner Music Group in a report on Monday. They issued an “outperform” rating and a $37.00 price objective on the stock. Guggenheim assumed coverage on shares of Warner Music Group in a report on Monday. They issued a “buy” rating and a $36.00 price objective on the stock. Goldman Sachs Group assumed coverage on shares of Warner Music Group in a report on Monday. They issued a “neutral” rating and a $33.00 price objective on the stock. Finally, Atlantic Securities assumed coverage on shares of Warner Music Group in a report on Wednesday, June 3rd. They issued a “neutral” rating and a $23.00 price objective on the stock. Eight analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $33.64.

WMG opened at $31.43 on Monday. Warner Music Group has a 12-month low of $26.99 and a 12-month high of $34.76.

Warner Music Group Company Profile

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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