Analysts rate Warner Music Group Corp.(WMG:NSD) with a Strong Buy, $48 Target

STA Research
by: STA Research

Analysts rate Warner Music Group Corp with a consensus Strong Buy rating and a 12-month average Target price of $48.21 per share.

Deutsche Bank Capital initiated Warner Music Group Corp. with a Buy rating, and set the 12 month target on the stock at $42.

Based on the Warner Music Group Corp stock forecasts from 12 analysts, the average analyst target price for Warner Music Group Corp is USD 48.21 over the next 12 months. Warner Music Group Corp’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Warner Music Group Corp is Slightly Bearish, which is based on 1 positive signal and 2 negative signals. At the last closing, Warner Music Group Corp’s stock price was USD 31.79. Warner Music Group Corp’s stock price has changed by -1.23% over the past week, -6.52% over the past month and -5.81% over the last year.

What we like:

Superior risk-adjusted returns

This stock has performed well, on a risk-adjusted basis, compared to its sector peers (for a hold period of at least 12 months) and is in the top quartile.

What we don’t like:

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Below median total returns

The company has underperformed its peers on annual average total returns in the past 5 years.

 

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