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Sirius XM Canada Holdings (TSE:XSR)‘s stock had its “buy” rating reaffirmed by investment analysts at Canaccord Genuity in a note issued to investors on Monday. They currently have a C$8.50 price target on the stock. Canaccord Genuity’s price target would suggest a potential upside of 19.05% from the company’s current price.

Sirius XM Canada Holdings (TSE:XSR) opened at 7.14 on Monday. Sirius XM Canada Holdings has a 1-year low of $6.83 and a 1-year high of $10.50. The stock has a 50-day moving average of $7.38 and a 200-day moving average of $8.37. The company has a market cap of $892.0 million and a P/E ratio of 71.30.

XSR has been the subject of a number of other recent research reports. Analysts at RBC Capital cut their price target on shares of Sirius XM Canada Holdings from C$10.00 to C$9.00 in a research note on Monday, June 9th. They now have an “outperform” rating on the stock. Separately, analysts at TD Securities cut their price target on shares of Sirius XM Canada Holdings from C$10.00 to C$9.50 in a research note on Friday, May 30th. They now have an “action list buy” rating on the stock. Finally, analysts at National Bank Financial cut their price target on shares of Sirius XM Canada Holdings from C$11.00 to C$10.50 in a research note on Thursday, May 29th. One research analyst has rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of C$9.58.

Sirius XM Canada Holdings Inc, formerly Canadian Satellite Radio Holdings Inc, incorporated on July 31, 2002, operates as SiriusXM Canada.

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