Warner Music Group (NYSE:WMG) Research Coverage Started at Royal Bank of Canada

Royal Bank of Canada began coverage on shares of Warner Music Group (NYSE:WMG) in a report published on Monday morning, BenzingaRatingsTable reports. The brokerage issued an outperform rating and a $40.00 price target on the stock.

Several other brokerages have also weighed in on WMG. Credit Suisse Group assumed coverage on Warner Music Group in a research report on Monday. They issued an outperform rating and a $37.00 target price on the stock. Evercore ISI assumed coverage on Warner Music Group in a research report on Monday. They issued an outperform rating and a $36.00 target price on the stock. Sanford C. Bernstein assumed coverage on Warner Music Group in a research report on Tuesday, June 23rd. They issued a market perform rating and a $33.00 target price on the stock. Guggenheim assumed coverage on Warner Music Group in a research report on Monday. They issued a buy rating and a $36.00 target price on the stock. Finally, Atlantic Securities assumed coverage on Warner Music Group in a research report on Wednesday, June 3rd. They issued a neutral rating and a $23.00 target price on the stock. Eight research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The company 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 twelve month low of $26.99 and a twelve 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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