Liberty Sirius XM Group Series A (NASDAQ:LSXMA) Price Target Increased to $67.00 by Analysts at Deutsche Bank

Liberty Sirius XM Group Series A (NASDAQ:LSXMA) had its price objective boosted by Deutsche Bank from $62.00 to $67.00 in a report released on Monday morning, BenzingaRatingsTable reports. They currently have a buy rating on the technology company’s stock.

A number of other research analysts have also recently commented on the stock. Pivotal Research restated a buy rating and issued a $67.00 price target on shares of Liberty Sirius XM Group Series A in a report on Sunday, August 11th. Zacks Investment Research cut shares of Liberty Sirius XM Group Series A from a hold rating to a strong sell rating in a report on Wednesday, August 14th. One equities research analyst has rated the stock with a sell rating and five have assigned a buy rating to the stock. The stock presently has a consensus rating of Buy and a consensus price target of $61.50.

LSXMA stock opened at $40.22 on Monday. The company has a quick ratio of 0.49, a current ratio of 0.49 and a debt-to-equity ratio of 0.64. Liberty Sirius XM Group Series A has a twelve month low of $34.92 and a twelve month high of $47.54. The stock has a market capitalization of $12.77 billion, a price-to-earnings ratio of 24.53, a price-to-earnings-growth ratio of 1.76 and a beta of 1.19. The firm’s fifty day simple moving average is $40.16 and its two-hundred day simple moving average is $39.26.

In other news, Director Andrea L. Wong sold 1,741 shares of the company’s stock in a transaction dated Wednesday, June 5th. The shares were sold at an average price of $26.51, for a total value of $46,153.91. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Hedge funds and other institutional investors have recently bought and sold shares of the company. BlackRock Inc. lifted its stake in Liberty Sirius XM Group Series A by 0.7% in the second quarter. BlackRock Inc. now owns 6,129,410 shares of the technology company’s stock worth $231,752,000 after acquiring an additional 41,472 shares during the period. FMR LLC lifted its stake in Liberty Sirius XM Group Series A by 62.2% in the first quarter. FMR LLC now owns 2,496,738 shares of the technology company’s stock worth $95,326,000 after acquiring an additional 957,483 shares during the period. Geode Capital Management LLC lifted its stake in Liberty Sirius XM Group Series A by 8.5% in the fourth quarter. Geode Capital Management LLC now owns 1,075,050 shares of the technology company’s stock worth $39,545,000 after acquiring an additional 84,271 shares during the period. CQS Cayman LP lifted its stake in Liberty Sirius XM Group Series A by 6.8% in the second quarter. CQS Cayman LP now owns 884,771 shares of the technology company’s stock worth $33,453,000 after acquiring an additional 56,080 shares during the period. Finally, Marshall Wace North America L.P. lifted its stake in Liberty Sirius XM Group Series A by 36.6% in the second quarter. Marshall Wace North America L.P. now owns 850,532 shares of the technology company’s stock worth $32,158,000 after acquiring an additional 227,977 shares during the period. Hedge funds and other institutional investors own 27.16% of the company’s stock.

Liberty Sirius XM Group Series A Company Profile

The Liberty SiriusXM Group, through its subsidiary, Sirius XM Holdings Inc, transmits music, sports, entertainment, comedy, talk, news, traffic, and weather channels in the United States and Canada. The company also provides infotainment services; and streaming services through applications for mobile and home devices, and other consumer electronic equipment, as well as online.

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

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