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 target hoisted by Deutsche Bank from $62.00 to $67.00 in a research report released on Monday, BenzingaRatingsTable reports. Deutsche Bank currently has a buy rating on the technology company’s stock.

A number of other equities analysts also recently issued reports on LSXMA. Pivotal Research reissued a buy rating and issued a $67.00 price objective on shares of Liberty Sirius XM Group Series A in a report on Sunday, August 11th. Zacks Investment Research downgraded 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 analyst has rated the stock with a sell rating and five have issued a buy rating to the company’s stock. The stock currently has an average rating of Buy and an average target price of $61.50.

LSXMA opened at $40.22 on Monday. The company has a current ratio of 0.49, a quick ratio of 0.49 and a debt-to-equity ratio of 0.64. The company has a market cap of $12.77 billion, a price-to-earnings ratio of 24.53, a PEG ratio of 1.76 and a beta of 1.19. The company’s 50 day moving average is $40.16 and its 200 day moving average is $39.26. Liberty Sirius XM Group Series A has a 12-month low of $34.92 and a 12-month high of $47.54.

In related news, Director Andrea L. Wong sold 1,741 shares of the firm’s stock in a transaction that occurred on 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 filing with the SEC, which is available at this hyperlink.

A number of large investors have recently modified their holdings of the business. CWM LLC lifted its holdings in shares of Liberty Sirius XM Group Series A by 226.3% in the second quarter. CWM LLC now owns 757 shares of the technology company’s stock worth $29,000 after buying an additional 525 shares in the last quarter. Icon Wealth Partners LLC purchased a new position in shares of Liberty Sirius XM Group Series A in the first quarter worth $38,000. Captrust Financial Advisors lifted its holdings in shares of Liberty Sirius XM Group Series A by 36.9% in the second quarter. Captrust Financial Advisors now owns 1,348 shares of the technology company’s stock worth $51,000 after buying an additional 363 shares in the last quarter. Princeton Global Asset Management LLC purchased a new position in shares of Liberty Sirius XM Group Series A in the first quarter worth $54,000. Finally, Skandinaviska Enskilda Banken AB publ purchased a new position in shares of Liberty Sirius XM Group Series A in the second quarter worth $106,000. 27.16% of the stock is currently owned by institutional investors and hedge funds.

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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