Warner Music Group (NYSE:WMG) Research Coverage Started at Guggenheim

Guggenheim initiated coverage on shares of Warner Music Group (NYSE:WMG) in a research report released on Monday, BenzingaRatingsTable reports. The brokerage issued a buy rating and a $36.00 price target on the stock.

Several other equities research analysts also recently issued reports on the stock. Sanford C. Bernstein began coverage on shares of Warner Music Group in a research report on Tuesday, June 23rd. They set a market perform rating and a $33.00 price objective for the company. Goldman Sachs Group began coverage on shares of Warner Music Group in a research report on Monday. They set a neutral rating and a $33.00 price objective for the company. Atlantic Securities started coverage on shares of Warner Music Group in a research report on Wednesday, June 3rd. They set a neutral rating and a $23.00 price objective for the company. Finally, 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 target price for the company. Eight investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The stock currently has an average rating of Hold and a consensus price target of $33.64.

Shares of WMG stock 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.

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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