Deutsche Bank Increases Liberty Media Corp. Shs -A- Price Target to $164.00 (LMCA)
Analysts at Deutsche Bank hoisted their target price on shares of Liberty Media Corp. Shs -A- (NASDAQ:LMCA) from $153.00 to $164.00 in a research report issued to clients and investors on Thursday, AnalystRatingsNetwork reports. The firm currently has a “buy” rating on the stock. Deutsche Bank’s price target suggests a potential upside of 7.39% from the stock’s previous close.
Shares of Liberty Media Corp. Shs -A- (NASDAQ:LMCA) traded up 1.85% on Thursday, hitting $155.55. The stock had a trading volume of 384,549 shares. Liberty Media Corp. Shs -A- has a one year low of $101.00 and a one year high of $153.51. The stock’s 50-day moving average is $145.6 and its 200-day moving average is $131.8. The company has a market cap of $18.746 billion and a price-to-earnings ratio of 2.19.
Liberty Media Corp. Shs -A- (NASDAQ:LMCA) last issued its quarterly earnings data on Tuesday, August 6th. The company reported $0.00 earnings per share for the quarter. The company had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $135.00 million. Analysts expect that Liberty Media Corp. Shs -A- will post $68.53 EPS for the current fiscal year.
LMCA has been the subject of a number of other recent research reports. Analysts at Maxim Group raised their price target on shares of Liberty Media Corp. Shs -A- from $182.00 to $188.00 in a research note to investors on Friday, October 11th. They now have a “buy” rating on the stock. Separately, analysts at Lazard Capital Markets reiterated a “buy” rating on shares of Liberty Media Corp. Shs -A- in a research note to investors on Tuesday, October 8th. They now have a $177.00 price target on the stock. Finally, analysts at Wunderlich raised their price target on shares of Liberty Media Corp. Shs -A- from $135.00 to $157.00 in a research note to investors on Tuesday, October 8th. They now have a “hold” rating on the stock. One research analyst has rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $163.18.
Liberty Media Corporation, formerly Liberty Spinco, Inc, incorporated on August 10, 2012, focuses on the media, communications and entertainment industries through its ownership of interests in subsidiaries and other companies.
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