Liberty Media Corp Given Consensus Recommendation of “Buy” by Brokerages (NASDAQ:LMCA)
Liberty Media Corp (NASDAQ:LMCA) has received an average rating of “Buy” from the fifteen brokerages that are currently covering the company, AnalystRatings.Net reports. Four research analysts have rated the stock with a hold rating and nine have issued a buy rating on the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $142.70.
Shares of Liberty Media Corp (NASDAQ:LMCA) traded down 0.50% on Monday, hitting $123.76. 120,541 shares of the company’s stock traded hands. Liberty Media Corp has a one year low of $119.86 and a one year high of $159.33. The stock has a 50-day moving average of $127.9 and a 200-day moving average of $137.4. The company has a market cap of $14.149 billion and a price-to-earnings ratio of 19.82.
Liberty Media Corp (NASDAQ:LMCA) last released its earnings data on Thursday, May 8th. The company reported $0.19 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.82 by $0.63. Analysts expect that Liberty Media Corp will post $3.16 EPS for the current fiscal year.
A number of research firms have recently commented on LMCA. Analysts at FBR Capital Markets raised their price target on shares of Liberty Media Corp from $189.00 to $192.00 in a research note on Monday. They now have an “outperform” rating on the stock. Separately, analysts at Barclays cut their price target on shares of Liberty Media Corp from $178.00 to $165.00 in a research note on Monday, April 14th. Finally, analysts at Maxim Group cut their price target on shares of Liberty Media Corp from $3.68 to $3.20 in a research note on Thursday, April 10th.
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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