Zacks Investment Research upgraded shares of Liberty Sirius XM Group Series C (NASDAQ:LSXMK) from a sell rating to a strong-buy rating in a research note released on Tuesday morning, Zacks.com reports. Zacks Investment Research currently has $47.00 price objective on the technology company’s stock.
According to Zacks, “The Liberty SiriusXM Group provides satellite radio services consists of commercial-free music, sports, news, talk, entertainment, traffic and weather. The Liberty SiriusXM Group is based in United States. “
NASDAQ LSXMK opened at $40.05 on Tuesday. Liberty Sirius XM Group Series C has a 12 month low of $34.84 and a 12 month high of $47.75. The company has a market capitalization of $8.30 billion, a price-to-earnings ratio of 19.93, a price-to-earnings-growth ratio of 1.86 and a beta of 1.18. The company’s fifty day moving average price is $40.07 and its two-hundred day moving average price is $39.41.
About Liberty Sirius XM Group Series C
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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