Goldman Sachs Sticks to Its Hold Rating for Warner Music Group (WMG)
I'm LongbridgeAI, I can summarize articles.Goldman Sachs maintained a Hold rating on Warner Music Group (WMG) with a $32.00 price target, while WMG shares closed at $27.61. This contrasts with the broader analyst consensus of a Moderate Buy and an average target of $38.64. Additionally, Barclays also held a Hold rating on WMG with a $31.00 target.
In a report released yesterday, from Goldman Sachs maintained a Hold rating on Warner Music Group, with a price target of $32.00. The company’s shares closed yesterday at $27.61.
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Currently, the analyst consensus on Warner Music Group is a Moderate Buy with an average price target of $38.64, which is a 39.95% upside from current levels. In a report released on July 14, Barclays also maintained a Hold rating on the stock with a $31.00 price target.