Investment analysts at Morgan Stanley assumed coverage on shares of Liberty Sirius XM Group Series C (NASDAQ:LSXMK) in a research note issued on Friday, The Fly reports. The brokerage set an “overweight” rating on the technology company’s stock.
Separately, Zacks Investment Research downgraded Liberty Sirius XM Group Series C from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 30th.
Liberty Sirius XM Group Series C stock opened at $41.37 on Friday. Liberty Sirius XM Group Series C has a 12 month low of $34.84 and a 12 month high of $48.56. The company has a market capitalization of $8.70 billion, a price-to-earnings ratio of 20.58 and a beta of 1.20.
About Liberty Sirius XM Group Series C
The Liberty SiriusXM Group, through its subsidiary Sirius XM Holdings Inc, transmits music, sports, entertainment, comedy, talk, news, traffic, and weather channels in the United States and Canada. The company also provides infotainment services; and Sirius XM on Demand over its Internet radio service through applications for mobile and home devices, and other consumer electronic equipment.
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