Analysts at Credit Suisse Group initiated coverage on shares of Warner Music Group (NYSE:WMG) in a report issued on Monday, Marketbeat.com reports. The firm set an “outperform” rating and a $37.00 price target on the stock. Credit Suisse Group’s target price would indicate a potential upside of 17.72% from the company’s previous close.
Other equities research analysts have also recently issued research reports about the stock. Atlantic Securities started coverage on shares of Warner Music Group in a research report on Wednesday, June 3rd. They issued a “neutral” rating and a $23.00 price target on the stock. Sanford C. Bernstein assumed coverage on shares of Warner Music Group in a research note on Tuesday, June 23rd. They set a “market perform” rating and a $33.00 price objective for the company. Finally, Goldman Sachs Group assumed coverage on shares of Warner Music Group in a research note on Monday. They set a “neutral” rating and a $33.00 price objective for the company. Eight equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $33.64.
Shares of WMG opened at $31.43 on Monday. Warner Music Group has a fifty-two week low of $26.99 and a fifty-two week high of $34.76.
Warner Music Group Company Profile
There is no company description available for Warner Music Group Corp.
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