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Southern Cross Media Group (ASX:SXL)‘s stock had its “” rating reaffirmed by investment analysts at Morningstar in a note issued to investors on Wednesday. They currently have a $1.30 price target on the stock.

Shares of Southern Cross Media Group (ASX:SXL) traded up 0.48% during mid-day trading on Wednesday, hitting A$1.055. The stock had a trading volume of 330,440 shares. Southern Cross Media Group has a 1-year low of A$1.005 and a 1-year high of A$1.920. The stock has a 50-day moving average of A$1.0 and a 200-day moving average of A$1.38. The company has a market cap of A$743.9 million and a price-to-earnings ratio of 7.66.

Owns and operates radio broadcasting station.

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