Warner Music Group (NYSE:WMG) Now Covered by Guggenheim

Stock analysts at Guggenheim began coverage on shares of Warner Music Group (NYSE:WMG) in a research report issued to clients and investors on Monday, Marketbeat.com reports. The brokerage set a “buy” rating and a $36.00 price target on the stock. Guggenheim’s target price points to a potential upside of 14.54% from the stock’s previous close.

A number of other research firms also recently commented on WMG. Credit Suisse Group started coverage on Warner Music Group in a report on Monday. They set an “outperform” rating and a $37.00 target price on the stock. Sanford C. Bernstein started coverage on Warner Music Group in a report on Tuesday, June 23rd. They set a “market perform” rating and a $33.00 target price on the stock. Atlantic Securities started coverage on Warner Music Group in a report on Wednesday, June 3rd. They set a “neutral” rating and a $23.00 target price on the stock. Finally, Goldman Sachs Group started coverage on Warner Music Group in a report on Monday. They set a “neutral” rating and a $33.00 target price on the stock. Eight analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Warner Music Group presently has an average rating of “Hold” and an average target price of $33.64.

NYSE:WMG opened at $31.43 on Monday. Warner Music Group has a 52 week low of $26.99 and a 52 week 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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