Blurbs

RBC Capital Keeps a Buy Rating on Sirius XM Holdings (SIRI)

In a report issued on July 29, Kutgun Maral from RBC Capital maintained a Buy rating on Sirius XM Holdings (SIRIResearch Report), with a price target of $7.50. The company’s shares closed last Monday at $6.68.

According to TipRanks.com, Maral is a 4-star analyst with an average return of 5.6% and a 46.6% success rate. Maral covers the Services sector, focusing on stocks such as Lions Gate Entertainment Class A, Endeavor Group Holdings Inc, and Paramount Global Class B.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Sirius XM Holdings with a $7.26 average price target, representing a 9.8% upside. In a report issued on July 29, Rosenblatt Securities also maintained a Buy rating on the stock with a $8.20 price target.

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The company has a one-year high of $6.88 and a one-year low of $5.69. Currently, Sirius XM Holdings has an average volume of 18.31M.

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New York-based Sirius XM Holdings, Inc. is a radio company, which provides satellite radio services on a subscription fee basis. The company offers music, sports, entertainment, comedy, talk, news, traffic and weather channels, as well as infotainment services. Its brand channels include SiriusXM Traffic, SiriusXM Travel Link, NavTraffic, NavWeather, SiriusXM Aviation and SiriusXM Marine.

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