Warner Music Group (NYSE:WMG) Now Covered by Barclays

Equities researchers at Barclays started coverage on shares of Warner Music Group (NYSE:WMG) in a report released on Monday, MarketBeat reports. The firm set an “equal weight” rating and a $28.00 price target on the stock. Barclays‘s price target would suggest a potential downside of 10.91% from the stock’s current price.

A number of other analysts also recently issued reports on WMG. Atlantic Securities started coverage on shares of Warner Music Group in a report on Wednesday, June 3rd. They set a “neutral” rating and a $23.00 price target on the stock. Royal Bank of Canada started coverage on shares of Warner Music Group in a report on Monday. They set an “outperform” rating and a $40.00 price target on the stock. Credit Suisse Group started coverage on shares of Warner Music Group in a report on Monday. They set an “outperform” rating and a $37.00 price target on the stock. Goldman Sachs Group started coverage on shares of Warner Music Group in a report on Monday. They set a “neutral” rating and a $33.00 price target on the stock. Finally, Sanford C. Bernstein started coverage on shares of Warner Music Group in a report on Tuesday, June 23rd. They set a “market perform” rating and a $33.00 price target on the stock. Eight investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Warner Music Group presently has a consensus rating of “Hold” and an average target price of $33.64.

NYSE: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.

About Warner Music Group

There is no company description available for Warner Music Group Corp.

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Analyst Recommendations for Warner Music Group (NYSE:WMG)

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