Opinions
The Panic-Proof Portfolio (Stockchase Research)
The Liberty SiriusXM Group
LSXMA-Q
TOP PICK
Jan 23, 2024
N/A
Stock price when the opinion was issued
Broadcasting
It's the ideal tool to help you make quicker, more informed decisions for
managing and tracking your investments.
LSXMA produces radio entertainment over satellite in the US and Canada and has over 34 million subscribers. It trades at 12x earnings and at book value. Quarterly cash reserves are growing, while debt is retired and shares bought back. We recommend placing a stop-loss at $21.50, looking to achieve $40.00 -- upside potential of 28%. Yield 0%
(Analysts’ price target is $40.00)