Citigroup Begins Coverage on Warner Music Group (NYSE:WMG)

Citigroup assumed coverage on shares of Warner Music Group (NYSE:WMG) in a research report released on Monday, BenzingaRatingsTable reports. The firm issued a neutral rating and a $33.00 target price on the stock.

A number of other research analysts also recently commented on the company. Guggenheim began coverage on Warner Music Group in a research note on Monday. They set a buy rating and a $36.00 price objective for the company. Barclays initiated coverage on Warner Music Group in a research note on Monday. They set an equal weight rating and a $28.00 price objective for the company. Loop Capital initiated coverage on Warner Music Group in a research note on Monday. They issued a hold rating and a $33.00 price target for the company. Evercore ISI initiated coverage on Warner Music Group in a research note on Monday. They issued an outperform rating and a $36.00 price target for the company. Finally, Goldman Sachs Group initiated coverage on Warner Music Group in a research note on Monday. They issued a neutral rating and a $33.00 price target for the company. Eight research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The stock presently has an average rating of Hold and a consensus target price of $33.64.

Shares of WMG opened at $29.35 on Monday. Warner Music Group has a 12 month low of $26.99 and a 12 month high of $34.76.

Warner Music Group Company Profile

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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