Tigress Financial initiated coverage on shares of Warner Music Group (NYSE:WMG) in a research note issued on Tuesday, AnalystRatings.com reports. The firm set a “buy” rating on the stock.
Other research analysts have also recently issued research reports about the stock. Barclays assumed coverage on shares of Warner Music Group in a report on Monday. They set an “equal weight” rating and a $28.00 target price for the company. Citigroup started coverage on Warner Music Group in a research note on Monday. They set a “neutral” rating and a $33.00 price objective for the company. SunTrust Banks initiated coverage on Warner Music Group in a research note on Monday. They issued a “buy” rating and a $35.00 target price on the stock. Macquarie began coverage on Warner Music Group in a report on Monday. They issued a “neutral” rating and a $32.00 price target for the company. Finally, Royal Bank of Canada started coverage on shares of Warner Music Group in a research note on Monday. They set an “outperform” rating and a $40.00 price objective on the stock. Eight investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $33.64.
NYSE:WMG traded up $0.96 during midday trading on Tuesday, hitting $31.43. The company’s stock had a trading volume of 1,191,100 shares, compared to its average volume of 3,166,568. Warner Music Group has a fifty-two week low of $26.99 and a fifty-two week high of $34.76.
About Warner Music Group
There is no company description available for Warner Music Group Corp.
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