Warner Music Group (NYSE:WMG) Now Covered by Loop Capital

Stock analysts at Loop Capital started coverage on shares of Warner Music Group (NYSE:WMG) in a note issued to investors on Monday, MarketBeat.com reports. The firm set a “hold” rating and a $33.00 price target on the stock. Loop Capital’s price objective points to a potential upside of 5.00% from the stock’s current price.

A number of other equities analysts have also commented on WMG. Morgan Stanley assumed coverage on shares of Warner Music Group in a report on Monday. They issued an “equal weight” rating and a $32.00 price objective on the stock. 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. JPMorgan Chase & Co. assumed coverage on shares of Warner Music Group in a report on Monday. They issued an “overweight” rating and a $40.00 price objective on the stock. Royal Bank of Canada assumed coverage on shares of Warner Music Group in a report on Monday. They issued an “outperform” rating and a $40.00 price objective on the stock. Finally, Barclays assumed coverage on shares of Warner Music Group in a report on Monday. They issued an “equal weight” rating and a $28.00 price objective on the stock. Eight analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $33.64.

NYSE:WMG 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.

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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